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The price of Litecoin (LTC) is in an uptrend, but faces a rejection of the recent high. The cryptocurrency got stuck at the $62 resistance zone.

Popular analyst, Michael van de Poppe, informs his 624,800 Twitter followers that as the community awaits Cardano's most anticipated upgrade, it is important to note that this event might fuel Cardano's ADA to reclaim new heights. Cardano (ADA)  The analyst claims that Cardano could hit $0.55 and $0.

Crypto markets in recent times have witnessed severe pressure from either side, so Bitcoin continues to struggle at around $20,000. The altcoins are also experiencing a similar drain but sustaining strongly within the accumulation phase. Therefore, top altcoins like Litecoin(LTC), Eos (EOS), and Cosmos (ATOM), may thrive very soon.

Litecoin scores 14%, extending previous gains amid the Evening Standard report on a list of the top five altcoins.

Litecoin price analysis shows that the market is bearish as prices have crashed below $61. The LTC/USD pair has found some buying interest near $59.52 but the bulls are struggling to keep prices afloat.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Litecoin [LTC] has not seen a large amount of volatility in recent weeks, relative to the rest of the altcoin market.

Leaders in Singapore and Paraguay sounded off on crypto regulation, while Celsius and Hodlnaut took baby steps to address their liquidity crises.

A bullish reversal from the support trendline triggers a new bull cycle within a rising parallel channel pattern. With the past four days' recovery, the LTC price has breached the $58.5 resistance offering a better confirmation for the potential bull run.

It has been a choppy week for the crypto market. Several cryptos have stood out, however, with bearish trend reversals beginning to form.

The altcoins below are trading above the moving average lines.

Litecoin [LTC], which is often regarded as an underdog, displayed a commendable performance last week as compared to other market players.  Interestingly, Litecoin was featured in the ‘Top 5 Altcoin' list published by the Evening Standard, which definitely adds more value to the blockchain.

The Litecoin price prediction may continue to show a bullish movement if the market could maintain the $60 resistance level.

Litecoin price analysis reveals that the LTC/USD price is currently in a bullish trend as it rallies to break out at the $59.25 level. However, the cryptocurrency is facing rejection at $59.31 as the bulls seem to be losing momentum.

TL;DR Breakdown Litecoin price analysis shows continued bullish movement Price eyeing 16 percent uptrend to reach April 6 high of $123.24 Expected resistance to be found near 50-day EMA Litecoin price analysis shows bullish signs for a second consecutive day

Litecoin price analysis reveals that the LTC/USD price is currently in a bullish trend as it rallies to break out at the $55.82 level. However, the cryptocurrency is facing rejection at $56.50 as the bulls seem to be losing momentum.

Solana was back in the red on Thursday, as the token fell towards a three-month low in today's session. The decline comes as cryptocurrency markets fell lower, trading down by as much as 2.39% as of writing. Litecoin was a notable exception, climbing for a second successive session.

Litecoin (LTC) has struggled against Tether (USDT) as bulls continue to push the price above the key support region, forming a bullish chart pattern. Bitcoin's (BTC) price has shown less steam compared to recent times; this has affected most crypto assets, including the price of Litecoin (LTC).

Litecoin price jumps for the second straight day, despite a broader crypto market meltdown. LTC hovers in a range of $52.0 and $56.0 for the past few sessions.

Litecoin (LTC) has broken down from an ascending wedge that has been in place since the June lows. It is possible that it will fall towards new yearly lows.

Litecoin started a fresh decline from well above the $60 zone against the US Dollar. LTC price is now trading below $60 and the 55 simple moving average (4-hours).

The Litecoin price has struggled for the past four trading sessions and has traded in a sideways market. Today, it is down by 2 per cent.

Litecoin (LTC) is in a downward trend and has fallen to the low of $52. Yesterday, the cryptocurrency made an upward movement as it approached the $58 resistance level.

Recent Litecoin price analysis shows a bullish trend in the market as the price of Litecoin surged to $55.22. The coin is presently trading at this price after correcting from the intraday high of $56.57.

Litecoin is performing better than Bitcoin in the last 24 hours, as Litecoin has grown faster than bigger cryptocurrencies like BTC and ETH. Since the huge market crisis in 2022, Litecoin (LTC) has had a difficult time increasing its value.