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Cryptocurrency Ecosystem => Litecoin Forum => Other Popular Cryptos / Coins => Litecoin News & Updates => Topic started by: Rockalo on June 16, 2021, 08:53:38 PM

Title: Litecoin Reaches Overbought Region as Sellers Emerge
Post by: Rockalo on June 16, 2021, 08:53:38 PM
Litecoin's (LTC) is making positive moves as the price reaches the high of $177. The altcoin is rising to retest the previous high of $200. The crypto had earlier attained the high of $200 immediately it recovered from the previous downtrend.

Today, the current uptrend is making a series of higher highs and higher lows. The current trend retested the $156 support and rebounded above it. LTC price broke through the moving averages, pulled back to retest it before resuming upward. On the upside, Litecoin is likely to face resistance when it rises to the $210 resistance zone. However, if buyers overcome the resistance at $210, a rally to $240 or $280 is expected. Meanwhile, LTC/USD is trading at $177 at the time of writing. More information: please click here

 (https://coinidol.com/litecoin-sellers-emerge/)