Why LTC’s Rally is Far From Over

Litecoin price started a strong increase above the $70 resistance against the US Dollar. LTC is currently consolidating and might aim more upsides above $85.

  • Litecoin started a strong increase above the $65 and $70 levels against the US Dollar.
  • The price is now trading above $70 and the 100 simple moving average (4-hours).
  • There is a major bullish trend line forming with support near $74.00 on the 4-hours chart of the LTC/USD pair (data feed from Kraken).
  • The price must clear the $83.20…

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