Litecoin Price Technical Analysis For 24/12/2015 - Initial Target Achieved

Litecoin Price Technical Analysis For 24/12/2015 - Initial Target Achieved

Litecoin price continued to move higher and currently showing a lot of positive signs. As highlighted in yesterday’s post, we were looking to buy Litecoins. The idea worked well, as the price traded higher. The best part was the fact that the price also settled above a major resistance area of $3.60. It means the bulls are here to stay and if they remain in control, then more gains are possible moving ahead. The price traded as high as $3.67 if we look at the hourly chart with the data feed from Bitfinex. If the price corrects lower from the current levels, then an initial support can be....


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