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.