Litecoin is under slight downward pressure on Tuesday, with the fourth largest cryptocurrency by market capitalization struggling to hold price above the $60.00 level. Buyers need to trigger a bullish inverted head and shoulders pattern above the $65.00 level. The overall bullish bias surrounding the LTCUSD pair remains in place while price trades above the $53.00 support level.
The LTCUSD pair is bullish while trading above the $53.00 level, key technical resistance remains at the $60.00 and $65.00 levels.
If the LTCUSD pair moves under the $53.00 level, sellers may test towards the $46.50 and $36.00 support levels.
