Litecoin price is currently consolidating losses above the $45.00 and $46.00 support levels against the US Dollar. LTC price is currently testing the $49.20 resistance level and it is well below the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $49.25 on the 4-hours chart of the LTC/USD...The post Litecoin (LTC) Price Analysis: Fresh Bullish Breakout Likely Above $50 appeared first on Live Bitcoin News.