- Litecoin is testing a big resistance level on the daily chart.
- The LTC/USD pair is trading 2.69% higher on Wednesday as crypto sentiment remains positive.
LTC/USD Daily Chart
Litecoin is trading well on Wednesday as general crypto sentiment remains positive.
The price is now testing a critical level of 78.80 just under the 80.00 psychological level.
If the level breaks then the bulls could target the next psychological target of 100.00 and then the next resistance at 105.12.
If this current resistance is rejected then the support zone of 63.66 could be in play.
There is always a chance of crypto’s falling as profit-taking kicks in after this recent run but the current trends are looking good.