Litecoin Prints Bullish Breakout, Why LTC Could Surpass $65

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…

Source link

About bitcoin

Check Also

Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – November 26th, 2020

Ethereum Ethereum slid by 6.06% on Wednesday. Following on from a 0.63% decline on Tuesday, …

Leave a Reply

Your email address will not be published. Required fields are marked *