Litecoin price is consolidating above the $80.00 level against the US Dollar. LTC could start a fresh increase if it clears the $88.00 resistance zone.
Litecoin is showing positive signs from the $80 support zone against the US Dollar. The price is now trading below $88 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $86.00 on the hourly chart of the LTC/USD pair (data feed from Kraken). The price could start a fresh increase if it clears the $88.00 resistance zone. Litecoin Price Eyes Fresh Increase
After forming a base above $85, Litecoin started a fresh increase. LTC price broke the $88 and $90 resistance levels to move into a positive zone, like Bitcoin
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