Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Litecoin Forum => Other Popular Cryptos / Coins => Litecoin News & Updates => Topic started by: MRM on August 07, 2020, 03:17:03 PM
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Today, buyers are attempting to break the $60 high and push LTC to higher price levels. These attempts have been ongoing soon after the sudden decline.
LTC is expected to reach its first target at $65 if the current resistance is breached. Otherwise, the market will continue its fluctuation below $60 high.
There is a danger if a price fluctuation persists; the bears may want to break the $56 support level. This will push LTC to the lower region of the market. There is the tendency of price revisiting the previous low of $51. LTC will resume its uptrend if buyers are successful above the current resistance.
Source: https://coinidol.com/litecoin-retesting-high/