Litecoin price is still under fairly severe downside pressure on Wednesday as the broader cryptocurrency market fails to attract a sustained bid.
Litecoin price remains technically weak headed into the monthly price close, as the popular crypto struggles to regain bullish momentum.
Litecoin price is once again trading below the $90.00 level after the cryptocurrency suffered a strong technical rejection from the $104.50 region.
Litecoin price has started to turn bearish alongside the broader cryptocurrency market after falling below the key $125.00 level.
In this Litecoin price analysis, the LTCUSD pair is now marching forward, with the $134.00 and $160.00 levels the two major bullish targets ahead.
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.