LTCUSD critical juncture
Litecoin is trading around critical support on Tuesday, with bulls needing to rally the LTCUSD pair away from the $50.00 level to avoid a major technical sell-off. A sustained loss of the $50.00 level could see the LTCUSD pair sliding back towards the $36.00 level. Bulls need to rally the LTCUSD pair above the $50.00 level to encourage fresh technical buying towards the $60.00 technical area.
The LTCUSD pair is only bullish while trading above the $60.00 level, key resistance is found at the $66.00 and the $72.50 levels.
If the LTCUSD pair trades below the $60.00, sellers may test the $45.00 and $36.00 support levels.