Litecoin Price Analysis: LTC/USD Remains at a Risk

Litecoin price is under pressure below the $165 resistance against the US Dollar. LTC/USD is moving lower and it could even break the $155 support if sellers remain in control.

Key Talking Points

Litecoin price extended its decline and is currently below the $165 resistance (Data feed of Kraken) against the US Dollar. Yesterday’s highlighted bearish trend line with current resistance at $162 is acting as a barrier on the hourly chart of LTC/USD pair. The pair might continue to decline and...

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