Litecoin price corrected higher above the $58.00 level against the US Dollar. LTC/USD failed to break the $60.00 resistance and is currently moving lower.
Key Talking Points:-
Litecoin price failed to move above the $60.00 resistance and declined once again (Data feed of Kraken) against the US Dollar.
· There is a breakout pattern forming with support near the $54.20 level on the hourly chart of the LTC/USD pair.