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Our Litecoin price prediction has flipped bullish for at least the short term as the coin has shown tremendous recovery.

LTC has surpassed the $60 price level again after falling from its mid-July high

Litecoin [LTC] bulls have shown signs of weakness near the $60 price range where it has been facing resistance during its recovery phase. However, the cryptocurrency has managed to avoid a sizable retracement by maintaining its momentum above its 50-day moving average.

Litecoin is trading in a positive zone above $52 against the US Dollar. LTC price is now trading above $55 and the 55 simple moving average (4-hours).

Litecoin (LTC) has resumed its downward correction as buyers fail to keep the price above the $60 high. Today, the cryptocurrency has fallen to the low of $53. The selling pressure will intensify if the LTC price falls below the moving average lines.

Litecoin price analysis today is bullish as the price of LTC has rallied to $54.04 after breaking out from a descending channel. The cryptocurrency had been trading inside this channel since early today.

Litecoin price analysis continues to be severely bearish following on from yesterday's decline. LTC price lowered more than 7 percent over the past 24 hours to move as low as $52.66, with further downward action expected.

The Global Crypto Market Capitalization tanked down below $1 trillion in the early trading hours, tumbling down by nearly 4% since the early trading hours. Most of the assets also witnessed a heavily drain as the star crypto struggles to maintain above $21,000.

The Litecoin price analysis shows that the cryptocurrency has gone through a bearish momentum in the latest price chart. The bearish side has already been successful in halting the upwards price movement, and the last hours have seen a major decline in the price value.

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A closely followed crypto strategist is issuing a warning to investors saying that a handful of altcoins appear poised for a corrective move after rallying over the last two weeks.

Litecoin Holds Above $50 – July 24The Litecoin price valuation holds above the $50 support line as the crypto economy prices around the $57 value

Recent Litecoin price analysis reveals the LTC/USD pair is currently in a bullish trend. The digital currency has surged by over 3.54 in the last 24 hours and is trading at $57.57 at the time of writing.

Many projects have sprung up in the ecosystem in the past couple of years and had such a profound effect that people search for replicas in every new project. In 2017, Litecoin (LTC) skyrocketed from $3 to $360, making its holders a lot of profit.

The Litecoin price analysis reveals a bullish trend today as it indicates a slight rise in the price levels. The coin showed good bullish price action during the past week as the price was recovering at a steady pace.

Litecoin price analysis shows that the LTC/USD pair is currently in a bearish trend. The price has slipped below the $55.92 level.

Litecoin [LTC] is up roughly 25% in the last seven days as the bullish market conditions pave the way for some upside. However, unlike most of its counterparts, LTC did not manage to sum up enough buying pressure to push out of its four-week range.

Litecoin is trading in a positive zone above $55 against the US Dollar. LTC price is now trading above $52 and the 55 simple moving average (4-hours).

Litecoin price analysis reveals that the LTC/USD price is currently in a bullish trend as it rallies to break out at $58.51 level. However, the cryptocurrency is facing rejection at $59.10 as the bulls seem to be losing momentum.

The price of Litecoin (LTC) has broken out above the moving average lines. The cryptocurrency rose to a high of $59.33 and then fell back.

Bullish LTC price prediction range is between $75.81 to $286.95. LTC price might also reach $500 soon.

Over the past 24 hours, the price of LTC decreased by 1.38%. The price of LTC is above 200 EMA in the 4H chart.

Litecoin price analysis shows that LTC/USD is in a bearish trend. The LTC/USD has increased by 1.15 percent since yesterday as it currently trades at $56.78.

Litecoin price analysis remains bullish, as the token continued along an upward ascent that has propelled LTC price up by more than 26 percent in 6 days. Price rose as high as $59.67 over the past 24 hours to continue testing resistance at $60.