Litecoin Rallies Sharply, Targets $60 and $70 Price Levels

Surprisingly, the resistance at $50 has been breached putting to an end the price range of $40 and $50. About three days ago, Litecoin shockingly dropped to a low of $44. There were fears that LTC might slide down to the bottom of the chart. Nonetheless, the support holds as the bulls took advantage to retest and penetrate the overhead resistance.