Litecoin price analysis: Can the bulls break past $53 resistance?

TL;DR Breakdown

  • Litecoin price analysis suggests upward movement to the $57.50 mark
  • The closest support level lies at $52.00
  • LTC faces resistance at the $53.24 mark

The Litecoin price analysis shows that LTC finds support at the $52.00 mark after being rejected from the $57.50 mark. While the price stabilizes above the $50.00 mark, the bearish pressure is yet to fully subside. 

The broader cryptocurrency market observed a mixed market sentiment over the last 24 hours as most major…


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