Litecoin price analysis shows that the bulls have taken control of the market as prices surged past the $54.00 level. The market is expected to continue this uptrend as long as the support at $54.23 holds. However, the bears may stage a comeback if prices fail to break past the resistance at $56.29. The LTC/USD pair is currently trading at $55.59 and is up by 1.28 percent on the day. The market capitalization has reached $3.9 billion, and the 24-hour trading volume has reached $535 million
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