Litecoin Price Analysis: Can LTC/USD Surpass $175?

Litecoin price is holding a major support at $160-162 against the US Dollar. LTC/USD must break the $175 resistance for further gains in the near term.

Key Talking Points

Litecoin price has settled above the $160 pivot for more gains (Data feed of Kraken) against the US Dollar. There is key connecting bullish trend line forming with support at $168 on the hourly chart of the LTC/USD pair. The pair has to move above the $175 resistance level to avoid a downside reaction. Litecoin Price...

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