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Saturday

31 July 2021

Litecoin (LTC) Price Analysis: Chances of Steady Recovery Above $120 | Live Bitcoin News

Litecoin (LTC) Price Analysis: Chances of Steady Recovery Above $120 | Live Bitcoin News


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Litecoin (LTC) Price Analysis: Chances of Steady Recovery Above $120.

The price even broke the $110 support level and settled well below the 55 simple moving average (4-hours).

Besides, there was a break above a crucial bearish trend line with resistance near $114 on the 4-hours chart of the LTC/USD pair.

Overall, the price could start a decent increase above the $118 and $120 resistance levels in the near term.

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