LTCUSD CLOSE TO A TECHNICAL BREAKDOWN
Litecoin is moving towards key monthly support in early Tuesday trading, with the seventh largest cryptocurrency close to a heavy technical breakdown.
Momentum is currently with sellers and we are seeing the entire cryptocurrency market once again under pressure.
The LTCUSD pair is strongly while trading below the $70.80 level, key technical support is now located at the $68.00 and $65.50 levels.
If the LTCUSD pair holds above the $70.80 level, buyers may test towards the $73.00 and $74.50 resistance levels.