Litecoin technical analysis: Bulls consolidate the recovery above 61.8% Fib level

Litecoin technical analysis: Bulls consolidate the recovery above 61.8% Fib level

Saturday’s recovery drives the bulls to regain the 61.8% Fib level. Coin awaits fresh catalysts for the recovery to gain further momentum. The fifth most widely traded cryptocurrency, Litecoin, consolidates the recovery from four-day lows of 58.78 in Saturday’s early European trading, tracking the rebound seen across the crypto space.