TL;DR Breakdown The Litecoin price analysis shows a price increase.Strong support is present at $175.Resistance is found at $184. The Litecoin price analysis reveals, LTC price movement is again taking a bullish color today. The LTC/USD pair price has reached $182 at the time of writing. After yesterday’s bullish activity of the first half, LTC was continuously on the decline for the rest of the day, though overall, an increase in total value was noted yesterday. Still, bears were ruling the LTC market unchallenged till the end of the day. Today’s start was slow as selling pressure was still there, but soon bulls took over, and the price started to rise. Yesterday Litecoin went from $173 to $179 in the starting hours, but from there on, it was on the decline, and currently, after the bulls rally, the cryptocurrency sits at $182, near the resistance mark. Litecoin price analysis shows LTC/USD pair overall gained a value of 2.4 percent over the past 24 hours, which might increase over the day as bulls gain strength. LTC/USD is at a loss of 17 percent in value if we look at the entire past week. Though LTC price is still moving in the price channel, which took shape after the flash crash of 7th September, LTC bulls need to strengthen their base to take the price level above the resistance of $184. LTC/USD 1-day price chart: LTC price rises The 1-day Litecoin price analysis shows LTC price is improving as today again ...
