Keep a close watch on the price activities around this price level for an opportunity to go long if prices find support at the support price level or the trend line. LTC prices are currently trading around a critical support price level at 126.70 just below 127.40 support now turn resistance.
LTC seems to be going through some selling pressure against the US dollar at this level pushing the price under 127.40 resistance and could be heading down to around 124.093 support if it fails to get back up 127.40