Litecoin (LTC) Price Analysis: Upside Break Above $265 Seems Likely

  • Litecoin price is showing positive above the $210 support level against the US Dollar.
  • LTC price is now trading well above the $240 level and the 55 simple moving average (4-hours).
  • There was a break above a key bearish trend line with resistance near $250 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).
  • The pair is likely to continue higher if there is a clear break above $265.

Litecoin price is showing bullish signs above $240 against the US Dollar,…


Source link

About bitcoin

Check Also

Bitcoin, Litecoin & Cardano– American Wrap 1 February

Bitcoin price plunged to its weekly low of $22,862 earlier today, as traders awaited the …

Leave a Reply

Your email address will not be published. Required fields are marked *