Litecoin price is still under fairly severe downside pressure on Wednesday as the broader cryptocurrency market fails to attract a sustained bid.
Litecoin price is testing lower in early Wednesday trade after the fifth-largest cryptocurrency was heavily rejected from the $80.00 resistance level.
Litecoin price remains under downside pressure on Monday as the popular cryptocurrency fails to attract any meaningful buying interest.
Litecoin price remains technically weak headed into the monthly price close, as the popular crypto struggles to regain bullish momentum.
In this Litecoin price analysis, the $100.00 level is still seen as major breakout support on both the four-hour and daily time frames.
Litecoin price has started to trade lower after hitting $120.00, with the sixth largest cryptocurrency so far finding support from the $100.00 level.
In this Litecoin price analysis, LTCUSD is holding above major technical support in early Tuesday trade after it was rejected from just above the $100.00 level.