LTC/USD breaks out in the short term. Not a long run from here yet. Litecoin the sixth largest cryptocurrency by market capitalisation, has given a small breakout on the short term chart, giving enough ammunition to the bulls to try and take control in their hands after a long time, although its a long drawn battle. LTC/USD is up about a percent at $76.97 bouncing from the day’s low of $75.262. On the hourly chart, LTC has broken out of a descending trendline in an attempt to head a bit more towards North. Although this upward journey could be limited upto $80-83 where it faces multiple resistances in the form of 21 days SMA and earlier lower high, both of which bulls must cross to take battleground in their complete control. LTC/USD hourly 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 Bitcoin Cash price analysis: Channel breakout, but key test not passed FX Street 5 years LTC/USD breaks out in the short term. Not a long run from here yet. Litecoin the sixth largest cryptocurrency by market capitalisation, has given a small breakout on the short term chart, giving enough ammunition to the bulls to try and take control in their hands after a long time, although its a long drawn battle. LTC/USD is up about a percent at $76.97 bouncing from the day's low of $75.262. On the hourly chart, LTC has broken out of a descending trendline in an attempt to head a bit more towards North. Although this upward journey could be limited… 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.
