Litecoin continues to trade around the best levels of the year, with the LTCUSD pair well-supported on any technical pullbacks. The fourth largest cryptocurrency by market capitalization holds a strong intraday bullish bias while trading above the $54.00 level. The $51.80 level is minor technical support, while the $42.00 level offers critical weekly support for the LTCUSD pair.
The LTCUSD pair is strongly bullish while trading above the $54.00 level, key technical resistance is found at the $59.00 and $65.00 levels.
If the LTCUSD pair trades below the $51.80 level, key support is found at the $45.00 and $42.00 levels.