LTCUSD $52.00 key weekly support
Litecoin is once trading close to the $60.00 resistance level as the fifth largest cryptocurrency by market capitalization remains trapped within a tight $10.00 price range. The $52.00 level is now key weekly support if bears start to take control of the LTCUSD pair. If bulls can break above the $60.00 level the $80.00 level offer the strongest form of weekly technical resistance.
If the LTCUSD pair fails around the $60.00 level, sellers may test towards the $52.00 and $40.00 support levels.
If the LTCUSD pair fails around the $60.00 level, key resistance is found at the $68.00 and $80.00 levels.