Litecoin price analysis: LTC turns bearish, LTC/USD set to test

Litecoin price analysis shows a bearish trend today. Litecoin’s current price is 104.37

Resistance has been tested at $110.1 but strong support lies at $100

Litecoin opened today’s daily chart with an increase of 5.69 percent, a bullish momentum. Litecoin price analysis in the last week has retraced to the $100 level. However, things turned bearish soon after as the prices dropped.

This week, Litecoin price analysis opened at the $95 level which is quickly closed with a 7 percent increase in just days. The current trend is still bearish and this week’s Litecoin news analysis may see LTC/USD testing the resistance at 150.The current resistance of Litecoin is at $108.03, a bullish trend line.

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