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Litecoin Price Surges to Yearly Highs as Crypto Rally Continues

From dailyfx.com

Cryptocurrencies look to continue their formidable run in 2019 with Litecoin the latest to pick up the torch – and the headlines. As one of the best performing digital assets in the year-to-date, and by a large margin for the largest five, Litecoin pressed to yearly highs on Monday and Tuesday. With LTCUSD near $130, the coin has enjoyed a 300% climb in 2019. After surging through the 23.6% Fib level around $116, LTCUSD attacked $130 – an area which marks the swing high from June 2018. Evidently, resistance has been staged and a daily close above the level would bolster bullish sentiment. Immediate support now ... (full story)

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  • Category: Fundamental Analysis