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Litecoin (LTC) Breaks Above $75 As Price Eyes $90; Here Are Levels To Watch

  • LTC’s price shows strength as price bounces off from a weekly low of $50 to trend higher, giving bulls some relief. 
  • LTC’s price continues to look strong as bearish sentiment for the market lingers, with things looking uncertain for most traders and investors. 
  • LTC’s price rallies high on the daily timeframe as the price moves towards $90 above the 50 and 200 Exponential Moving Averages (EMA)

Litecoin (LTC) price has held strong above $60, showing good bullish signs of rallying to a high of $90-$100 if the market conditions remain favorable for prices. With many looking for a major dump in Bitcoin (BTC) price, the price of Bitcoin (BTC) bounced from $15,500 as price rallied to a high of $16,500, leaving bears on the sidelines as the price of Litecoin (LTC) gains more momentum to rally. The price action displayed by Litecoin (LTC) in recent times has been encouraging compared to many altcoins battling for survival. The Domino effect of the FTX saga and other huge investors involved has left the market at a standstill as the market is yet to make a major move after previous weeks. (Data from Binance)

(by jamesobande)

FTX
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