Key Support Levels: 49, 39, 29 USD
Key Resistance Levels: 63, 79, 83 USD
Litecoin Price Analysis: Finally Litecoin break 49 USD resistance Level and touch to 256 USD. Then I can expect (LTC) price hold above 249 USD support level then LTC touch to 63 USD resistance level.
Litecoin, price hold above 49 USD level then LTC bullish, unfortunately, LTC Price Break 49 USD support level then LTC bearish.
Litecoin Analysis More Details:
Litecoin (LTC) stays stuck inside the $39–$51 territory. The altcoin took off above $46 on July 25 however the bulls have not had the option to push the cost above $51, which shows that the bears are forcefully shielding the obstruction of the range.
The eighth-positioned cryptocurrency money on CoinMarketCap plunged beneath $46 on July 26 yet the bears couldn’t support the lower levels, which recommends that the bulls are amassing on plunges.
They are probably going to make another endeavor to move the cost above $51. On the off chance that effective, another upswing is likely with the main objective goal at $64.
This bullish view will be nullified if the LTC/USD pair diverts down from $51 and plunges back underneath $46. Such a move will show, that the range-bound activity is probably going to proceed for a couple of more days.