Is Litecoin Ready For A Bounce Back?

Litecoin (CRYPTO: LTC) is trading higher Wednesday, likely moving with the rest of the bullish cryptocurrency market.

The majority of the market is trading green and Ethereum (CRYPTO: ETH) leads the pack. 

Litecoin was up 3.28% at $143.52 at last check Wednesday, while Ethereum was up 9.29% at $2,707.10. 

Litecoin Daily Chart Analysis

  • Litecoin recently bounced near an old support level and looks to be trading in an inverse head and shoulders…

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