Why LTC Could Hit $100 and Outperform Bitcoin

Litecoin price started a steady increase above the $65 resistance against the US Dollar. LTC is currently rising and might rally further towards the $100 level.

  • Litecoin started a strong increase above the $55 and $65 levels against the US Dollar.
  • The price is now trading above $65 and the 100 simple moving average (4-hours).
  • There is a key bearish trend line forming with resistance near $77.50 on the 4-hours chart of the LTC/USD pair (data feed from Kraken).
  • The price must clear the…

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