Litecoin price analysis reveals that LTC/USD is bearish today. The price has dropped by over 2.30 percent in the last 24 hours and is currently trading at $55.88. This latest leg down appears to have been caused by a general market sell-off, as most major cryptocurrencies are now in the red. Resistance for LTC/USD is present at $57.46, while the support is present at $55.86, and a further drop below this level could see LTC/USD head toward $55.50 in the near term.
The 24-hour trading volume…
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