Litecoin price is up over 10% and it broke the $80.00 resistance against the US Dollar. LTC is consolidating gains and dips are likely to be limited below $78.00 and $76.50.
- Litecoin started a strong increase above the $75.00 and $80.00 levels against the US Dollar.
- The price traded to a new monthly high near $84.12 and settled above the 100 simple moving average (4-hours).
- There was a break above a contracting triangle with resistance near $75.10 on the…