LTCUSD Appears weak
Litecoin has failed to stage a meaningful breakout to the upside on Thursday as other top cryptos post powerful intraday trading gains. Technical analysis shows the LTCUSD pair forming a notably bearish triple-top pattern across multiple time frames. Failure to overcome the $158.00 resistance level over the coming days could result in the LTCUSD pair falling towards the $100.00 level.
The LTCUSD pair is only bullish while trading above the $140.00 level, key resistance is found at the $158.00 and the $166.00 levels.
If the LTCUSD pair trades below the $140.00, sellers may test the $120.00 and $95.00 support levels.