Home Daily Analysis Crypto Market sentiment Litecoin: Pushing Up Price!

Litecoin: Pushing Up Price!



As we saw this morning, Litecoin was the most bullish of the top ten cryptos, and while Bitcoin seemed to fall this afternoon, Litecoin held its supports.

Currently, LTCUSD has crossed its 93.8 resistance level and is heading up to its next key psychological level: $100. We can see that the price has broken the descending channel and is making higher highs and lows, a clear sign of a bullish leg. Also, all indicators point to bullishness.

Its daily chart also shows a clear bullish reversal, with an engulfing candle and a bullish continuation candle.


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