Litecoin Price Analysis: Can $40 Support Raise LTC Price Higher?

The Litecoin(LTC) sellers ended a four-week consolidation after they breached the $51 support on June 9th. The resulting fall plummeted the altcoin to $40 psychological support, but a rise in demand pressure stalls the selling momentum. Moreover, the bullish signal from the MACD indicator suggests a breakout of $51. Key points A lower price rejection The post Litecoin Price Analysis: Can $40 Support Raise LTC Price Higher? appeared first on CoinGape.