LTC unable to cross past a key resistance in short term chart. Long term chart too facing similar fate. Litecoin the crypto retraces after hitting a key resistance line on the short term chart even as it does the same on the long term chart too, indicating that bulls need to fight a long drawn battle in order to bring their old days back. LTC/USD is down 0.14 percent on day at $51.79, in less than half a percent range for the day. On the 240-minute chart of LTC, it fell off the high two days back exactly from the descending trendline which has not allowed to cross and sustain past itself in the recent past. Even as LTC faces similar fate on the daily chart, unable to cross past a long term descending trendline. All this tells us that LTC still has a long way to go to bring back its long lost glory. LTC/USD 240-minute chart: LTC/USD daily 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 Monero price analysis: This breakdown won’t go farther FX Street 4 years LTC unable to cross past a key resistance in short term chart. Long term chart too facing similar fate. Litecoin the crypto retraces after hitting a key resistance line on the short term chart even as it does the same on the long term chart too, indicating that bulls need to fight a long drawn battle in order to bring their old days back. LTC/USD is down 0.14 percent on day at $51.79, in less than half a percent range for the day. On the 240-minute chart of LTC, it fell off the high two days back exactly from the… 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.
