Litecoin Price Watch – LTC/USD Showing Strength

Litecoin Price Watch

Key Highlights:

Litecoin passed a crucial test and held a major support level of $150
It looks like LTC is now on another bullish trend, testing a resistance of $162 once again
On the downside, the coin is trading below its 20-day moving average

Litecoin Showing Strength

For the past few days, Litecoin has shown tremendous strength, breaking above its previous resistance point of $150. Continuing this momentum, LTC price was able to hold a major support of $150 earlier today, after which it formed a sizable bullish trend line on its way up …

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