LTCUSD Correction possible
Litecoin is still holding above the $70.00 support level, despite a strong technical correction in Bitcoin and a number of top altcoins. Technical analysis highlights that the LTCUSD pair could test towards the $80.00 region before a meaningful pullback occurs. To the downside, the $65.00 level currently offers excellent technical pullbacks on dips below the $70.00 level.
The LTCUSD pair is only bullish while trading above the $65.00 level, key resistance is found at the $75.00 and the $80.00 levels.
If the LTCUSD pair trades below the $65.00, sellers may test the $63.00 and $60.00 support levels.