LTCUSD $80.00 Possible

Litecoin is trading towards the best levels of the year so far as bullish tones continue to spread through the cryptocurrency market. The recent rally in the LTCUSD pair could still extend towards the $80.00 resistance level before a meaningful technical pullback takes place. Overall, traders that are bullish towards the LTCUSD may use a pullback towards the $60.00 level to buy the pair.

The LTCUSD pair is bullish while trading above the $60.00 level, key resistance is found at the $78.00 and the $80.00 levels.

If the LTCUSD pair trades below the $60.00, sellers may test the $55.00 and $50.00 support levels.

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Octa (formerly OctaFX) is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services already utilised by clients from 180 countries with more than 40 million trading accounts.

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