Litecoin (LTC) Price Analysis: Signaling Fresh Increase To $110

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Litecoin price formed a solid support near the $86.00 level and climbed higher against the US Dollar. LTC price traded above the $90.00 and $95.00 resistance levels before it faced sellers near $100.00. There was a break above a crucial bearish trend line with resistance near $91.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is currently correcting gains, but it is likely to find support near $95.00 and $91.00. Litecoin price is trading with a positive bias against the US Dollar and bitcoin. LTC price might correct lower in the near term, but dips remain well supported. Litecoin Price Analysis This week, litecoin price extended its decline below the $86.00 and $85.00 supports against the US Dollar. However, the decline was limited and the LTC/USD pair found support near the $83.50 level. A swing low was formed near $83.48 and the price recently…

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