Litecoin LTC/USD Crucial Breakout $70.00? Latest Summarized

The Silver-coin to Bitcoin’s gold portratization – Litecoin is marching upwards, by price against the US Dollar for today’s performance, with haste compared to other altcoins in the top of the list going by market capitalization. Reaching the $73.20 level signaled a return above trading grounds where it stood two days ago before the plunge on the 29th of April.

If the recovering sentiment continues to hold and the predictions stay on tact as many are forecasting that a strong break is very well set on stone for Bitcoin, the clear today above $70.00 might have signaled the aforementioned. The next major resistances are near $80.00 and $82.50. Conversely, a downside extension below the $67.00 level may push the price towards the next major supports near the $62.00 and $60.00 levels in the coming days.

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