Litecoin price is gaining momentum above $62.00 against the US Dollar. LTC is likely to continue higher (similar to bitcoin), and it could even break the $65.00 resistance in the near term.
- Litecoin formed a strong support base near $57.00 and started a fresh increase against the US Dollar.
- The price is now trading nicely above the $60.00 level and the 100 simple moving average (4-hours).
- There was a break above a major contracting triangle with resistance…