Litecoin price extended its decline and it even spiked below $40.00 against the US Dollar. LTC price is now correcting higher towards $42.50 and the 55 simple moving average (4-hours). There is a crucial bearish trend line forming with resistance near $42.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The...The post Litecoin (LTC) Price Analysis: Bulls Facing An Uphill Task At $42.50 appeared first on Live Bitcoin News.