LTC/USD Price Prediction: Upward growth seems difficult because of stiff resistance levels

© Reuters.

  • is sitting below two prominent resistance levels.
  • LTC/USD daily chart has had three bearish sessions in a row. Currently, it is trading at $58.95.

LTC/USD is currently trading at $58.95 and is sitting directly below a strong resistance level at $59, as per the daily confluence detector. There are no prominent support levels below the price which shows that the LTC/USD can go down even lower.

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