Litecoin price analysis today is bullish as the price of LTC has rallied to $54.04 after breaking out from a descending channel. The cryptocurrency had been trading inside this channel since early today. The price is currently facing resistance at $54.12 and has found support at $52.20. If the bulls can push the price above $54.12, Litecoin might target the next level of resistance at $55.40. However, if the bears take control, Litecoin might drop to $51.50.
The LTC/USD pair has increased…
Source link
