Litecoin price analysis : $50.00 level offers critical support
From capital.com
Litecoin could stage a technical pullback from current levels after the cryptocurrency found strong resistance from the $63.00 level. Litecoin technical analysis shows that the cryptocurrency could fall back towards the $50.00 level before rallying again. Litecoin medium-term price trend Litecoin technical analysis shows that the cryptocurrency recently failed to break above its 200-day moving average, and reversed from the $63.00 level. The fact that the cryptocurrency failed to find the required buying demand to move price above its 200-day moving average, around the $68.00 level, implies that a strong reversal may ...
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