Litecoin, arguably a better faster version of Bitcoin
, has been among this year’s big winners. The token hit a bottom in mid-December 2018 and has been trending steadily higher ever since. Now trading near $60 it is up more than 170% off the low. The token is now wrestling with a bit of resistance that does not look overly strong at this time, a move above $60 and continuation of the trend is expected. Once the $60 level is firmly broken, we can expect to see a rapid rise to $70 where stronger resistance may be found.