Litecoin Breezes Past $64 Level As LTC Picks Up Speed

Litecoin (LTC) price shows an extremely bullish trajectory as it aims to breach the $64.02 mark. Litecoin immensely bullish as it targets to breach the $64.02 mark. Support spotted at the $60.87 level. Price facing hurdles at the $64.32 zone. On the other hand, LTC is facing hurdles at $64.32 as the bulls’ strong upheaval waned a bit. LTC’s price was at $60.87 early today and has even managed to reach a high of $64.32 with the bulls trying to nudge the prices higher. LTC price has seen a tremendous boost of more than 3.47% as seen overnight and currently trades along the $64 range. Trading volume has also spiked to as much as $404 million in a 24-hour timeframe. According to CoinMarketCap, LTC is up by 0.49% and currently trading at $64.38 as of this writing. Related Reading: APECoin Retraces 2.5% In Last 7 Days – More Selloff In The Offing? Litecoin New Target: $70 On a 4-hour timeframe, LTC price is looking very bullish and registering higher highs and higher lows. More so, LTC was able to break past the channel that it was stuck within the past week. Such breach hints at an optimistic market response and development intensifying the dominance of the bulls. The LTC/USD pair currently trades above the 50 SMA and also the 200 SMA, indicating that the bulls are now on top of the market. RSI for Litecoin is spotted at 63.83, implying that the market is sliced in between the overbought and oversold territory. More so, LTC’s...