Litecoin Is Getting Pinched Between Support And Resistance

Litecoin (CRYPTO: LTC) is trading up alongside the rest of the crypto market on Wednesday. Some other popular crypto tickers moving higher include Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Ethereum Classic (CRYPTO: ETC) and Dogecoin (CRYPTO: DOGE).

Litecoin was up 1.64% at $177.43 at last check Wednesday afternoon.

Litecoin Daily Chart Analysis

  • Litecoin looks to be forming into what technical traders call an ascending triangle pattern. The…

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