LTCUSD $80.00 increasingly likely
Litecoin is started to grind higher as positive trading sentiment starts to spread through the entire cryptocurrency market space. The LTCUSD pair is increasingly likely to test towards the $80.00 level, although $92.00 is possible if Bitcoin continues to break higher. Overall, Litecoin bulls are showing positive signs that they intend to push the cryptocurrency higher, although they must breach the August high.
The LTCUSD pair is only bullish while trading above the $65.00 level, key resistance is found at the $80.00 and $92.00 levels.
If the LTCUSD pair trades below the $65.00 level, key support is found at the $60.00 and $55.00 levels.