HomeContributorsTechnical AnalysisLTCUSD $100.00 Preferred Target

LTCUSD $100.00 Preferred Target

Litecoin is tracking higher alongside the broader cryptocurrency market, leaving the fifth-largest digital currency plenty of space to advance this week. LTCUSD bulls need to hold price above the $73.50 level to encourage a test of the $80.00 resistance level. Overall, the psychological $100.00 level still remains the preferred upside target if the short-term recovery continues to gather pace.

If the LTCUSD pair trades above the $73.50 level, key resistance is found at the $80.00 and $90.00 levels.

If the LTCUSD pair trades below the $73.50.00 level, key support is found at the $68.00 and $65.00 levels.

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