Litecoin Price Technical Analysis for 27/5/2015 - Bulls Breathe Easy

Litecoin Price Technical Analysis for 27/5/2015 - Bulls Breathe Easy

Litecoin bulls have extended their resting period and wait for market triggers to prompt the next leg of this rally. In the past 24 hours, the virtual currency has traded in a very narrow band of $1.790-1.834 as bears fail to exert enough pressure to bother the comfortably placed bulls. Litecoin was last trading up 0.7% at $1.814. Technical analysis of the 240-minute Litecoin/Dollar chart reveals that the current price level is in close proximity to a support level, and any failure to hold that may result in a swift decline in the valuation. Litecoin Price Chart - In its present....


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