Litecoin (LTC) Price Analysis: Bulls Aim Test of $200.
02 Sep 2021, 08:00
Litecoin (LTC) Price Analysis: Bulls Aim Test of $200
Litecoin price is gaining pace above $180 against the US Dollar, similar to bitcoin. LTC price could continue higher if it manages to clear the $185 resistance.
Litecoin Price AnalysisThis week, there was a slow increase in bitcoin, ethereum, ripple, and litecoin against the US Dollar. Earlier, LTC spiked below the $172 and $170 support levels.
The price tested the $165 support zone, where it found bids. A low was formed near $166 before the price started a decent increase. It broke the $175 resistance zone to move into a positive zone. There was also a break above a key bearish trend line with resistance near $174 on the 4-hours chart of the LTC/USD pair.