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Posted on by BitcoinGuide.com

Litecoin price analysis: LTC/USD peaks into the $60 zone and retreats back

Litecoin price analysis: LTC/USD peaks into the $60 zone and retreats back

This Wednesday’s price session has found resistance at the SMA 50 curve. The Moving Average Convergence/Divergence (MACD) indicates increasing bullish momentum. LTC/USD has retreated from the $60-zone following a brief flirtation, this Wednesday. The 20-day Bollinger band has slowly widened, indicating increasing market volatility.








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