Litecoin (LTC) Price Analysis: Rally Reaches Crucial Juncture At $92

  • Litecoin price started a strong surge above the $80.00 and $82.00 resistance levels against the US Dollar.
  • LTC price traded close to the $95.00 level and settled below the 55 simple moving average (4-hours).
  • There was a break above a key bearish trend line with resistance near $82.10 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).
  • The pair is now facing a strong resistance near the $92.00 and $94.00 levels.

Litecoin price is up over 10% and it tested the $95.00 zone against…

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