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DU09
Mar 24, 2021 10:46 AM

LTC/USD - Wants to push higher, will BTC allow it? Long

Litecoin / TetherUSBinance

Description

LTC has formed a nice base here at support and is ready to move higher, however will Bitcoin allow it? In the last few days, LTC corrected as with all the market when BTC decided to take a dive.

Right now, LTC appears ready to explore higher levels and aim for the resistance at just under $240. However, watch BTC because we need to pass 57k to be confident in higher levels across most of the market, including LTC.

Hopefully with a bit more volume, LTC can move higher soon. RSI and MACD also appear set to go higher.

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