The Litecoin price analysis shows the cryptocurrency is in bullish mode today, as the price has started to recover today after some stronger corrections observed till yesterday. LTC was in a downtrend for the last three days and lost significant value during this time. The coin also came below the psychological mark of $50. However, the price curve turned upward as the coin rejected further downside below $46.8. LTC is currently testing $48.8 resistance, and a break above seems possible.
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