Litecoin Price Analysis: LTC retests descending resistance trendline, reversal back below $125 today?
TL;DR Breakdown LTC moved higher yesterday.Descending resistance trendline retested overnight.Market likely to reject further upside. Litecoin price analysis indicates bearish momentum to follow later today as a new lower high was established around $125-$128 price area, and further upside gets rejected as of now. Therefore, we expect LTC/USD to reverse later today and start heading towards the $105 major support next week. Cryptocurrency heat map. Source: Coin360 The cryptocurrency market trades with a slight bullish momentum over the last 24 hours. Bitcoin is up by 1.27 percent, while Ethereum is