Litecoin Price Analysis: LTC/USD Could Resume Its Decline

in steem •  6 years ago 

Litecoin price corrected higher above the $58.00 level against the US Dollar. LTC/USD failed to break the $60.00 resistance and is currently moving lower.

Key Talking Points:-
Screenshot_2018-08-19-07-35-43-1.pngLitecoin price failed to move above the $60.00 resistance and declined once again (Data feed of Kraken) against the US Dollar.

· There is a breakout pattern forming with support near the $54.20 level on the hourly chart of the LTC/USD pair.

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