LTC recovers to $162, gaining eight percent overnight
Litecoin price analysis is giving bullish hints.
Resistance for LTC is present at $165.2.
Support is present at $161.3.
The Litecoin price analysis shows that bulls are leading the charts for today amid an overall downtrend. Bulls are continuing their lead for today as well, as they took control over price function yesterday, following a strong bearish slide. Overall, LTC has been on a downslide since 15th November, when the price peaked at $279 on 14th November, Litecoin has gone through severe losses during this period, and still, the larger trend is the same. The cryptocurrency also incurred losses in the past four hours as well.
Litecoin price analysis is giving bullish hints.
Resistance for LTC is present at $165.2.
Support is present at $161.3.
The Litecoin price analysis shows that bulls are leading the charts for today amid an overall downtrend. Bulls are continuing their lead for today as well, as they took control over price function yesterday, following a strong bearish slide. Overall, LTC has been on a downslide since 15th November, when the price peaked at $279 on 14th November, Litecoin has gone through severe losses during this period, and still, the larger trend is the same. The cryptocurrency also incurred losses in the past four hours as well.