Litecoin Price Update: LTC/USD depressed on crucial support levels intensifies

Litecoin Price Update: LTC/USD depressed on crucial support levels intensifies

Litecoin commences a sideways trading action after defending $44.00 support. LTC/USD needs one kick above the trendline resistance to pave the way for gains above $50. Litecoin bears are still forcing the price against crucial support zones. Since the start of this week’s trading, Litecoin has maintained a bearish outlook.