$200 Psychological Resistance is a Viable Target

Litecoin continues to trade in tandem with Bitcoin prices, notching up a gain of 6.00% as of the time of writing. Bitcoin prices have broken the critical $57,000 resistance, allowing for a similar move on Litecoin as both pairs maintain their positive correlation.

The LTCUSD pair has violated the 186.82 resistance level but needs a 3% penetration close above this level to confirm the breakout. The Litecoin price prediction following this breakout is for the…


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