LTC/USD consolidate near $54.80 amid bearish winds

Litecoin price analysis is bearish as LTC/USD depreciates to the $54.80 mark after a bearish run. The bears have taken over the price charts once again and have pushed the prices below the $54 mark. The market is currently facing resistance at $61.50, and if the bears continue to exert their pressure, we could see Litecoin prices decline further to support levels of $54.47. The bulls had tried to enter the market but were unable to sustain the prices above the $61 mark, which resulted in a…


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