Litecoin bulls stop short of $80.00 amid global cryptocurrency recovery. LTC/USD has gained 3.5% in recent 24 hours. Litecoin has gained over 3.5% in recent 24 hours amid strong bullish momentum. The 6th largest digital asset recovered losses incurred in the weekend and returned to the levels registered seven days ago, At the time of writing, LTC/USD is changing hands at $79.40, though the further upside may be limited as the price came close to a strong psychological barrier $80.00 strengthened by SMA50 (4-hour) and 50.0% Fibo retracement. We will need to see a sustainable move above this handle to get a chance to an extended recovery with the next aim at $82.40 (SMA100, 4-hour) and 38.2% Fibo retracement ($84.35). On the downside, LTC/USD is supported by $75.00 handle, strengthened by 61.8% Fibo retracement from the recent upside movement. Once this barrier is cleared, the sell-off may continue towards SMA200 (4-hour) at $74.50 and April, 2 low of $73.70. The next support is created by the psychological $70.00, followed by 69.00-68.80 (DMA50) and $63.17 (SMA50 weekly). LTC/USD, 4H chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next USD/CHF climbs further beyond 1.0150, highest since Jan. 2017 FX Street 4 years Litecoin bulls stop short of $80.00 amid global cryptocurrency recovery. LTC/USD has gained 3.5% in recent 24 hours. Litecoin has gained over 3.5% in recent 24 hours amid strong bullish momentum. The 6th largest digital asset recovered losses incurred in the weekend and returned to the levels registered seven days ago, At the time of writing, LTC/USD is changing hands at $79.40, though the further upside may be limited as the price came close to a strong psychological barrier $80.00 strengthened by SMA50 (4-hour) and 50.0% Fibo retracement. We will need to see a sustainable move above this handle… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
