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Litecoin price analysis - LTCUSD faces resistance below $145.00

Litecoin price analysis - LTCUSD faces resistance below $145.00

18 June 2019, OctaFX – Litecoin price has failed to follow Bitcoin higher and rally to a fresh 2019 trading high, with the popular crypto so far finding resistance from the just below the $145.00 level.

Litecoin price technical analysis

The one-hour time frame is showing that bulls need to make a new high as a bearish head and shoulders pattern is in play. Overall, the LTCUSD pair is still extremely bullish while trading above the important $125.00 level.

  • LTCUSD price is only bullish while trading above the $125.00 level, key resistance is found at the $145.00 and $160.00 levels.

  • If LTCUSD price trades below the $125.00 level, key support is found at the $120.00 and $100.00 levels.

Litecoin price, LTCUSD price

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