The current Litecoin price analysis is showing a relatively greater level of bullish momentum as the LTC/USD pair has surged to break above the $54.80 level. The price is now trading very close to the $55.26 resistance area, which is likely to provide some significant selling pressure in the near term. The support for the crypto pair has been raised to the $52.22 level.
The LTC/USD pair is currently trading in a strong uptrend as the coin has increased by over 3.89% in the past 24 hours….
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