This Resistance Could Trigger New Rally

Litecoin price remained well bid above the $60 support zone against the US Dollar. LTC is rising and might attempt a fresh rally above the $70 level.

  • Litecoin started a fresh decline below $80 support against the US Dollar.
  • The price is now trading below $70 and the 100 simple moving average (4-hours).
  • There is a key bearish trend line forming with resistance near $70.50 on the 4-hours chart of the LTC/USD pair (data feed from Kraken).
  • The price could start a decent increase if there is a…

Source link

About bitcoin

Check Also

Bitcoin, Litecoin & Cardano– American Wrap 1 February

Bitcoin price plunged to its weekly low of $22,862 earlier today, as traders awaited the …

Leave a Reply

Your email address will not be published.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