LTC has crept higher subsequent to bobbing off Wednesday's low. As a response to the hawkish Fed interest rate decision, the altcoin dropped to 142.33 prior to switching the misfortunes.
Temporarily, the horizontal channel between December's help level of 141.38 and the resistance level at 167.26 will stay a pivotal one for the crypto. Eminently, it has generally been trading inside this reach since prior in the month.
A move over the channel's upper boundary will probably have Litecoin value face opposition around 175. On the other side, a decline beneath the range’s lower border will probably put the support zone at July's low of 130.50.
Temporarily, the horizontal channel between December's help level of 141.38 and the resistance level at 167.26 will stay a pivotal one for the crypto. Eminently, it has generally been trading inside this reach since prior in the month.
A move over the channel's upper boundary will probably have Litecoin value face opposition around 175. On the other side, a decline beneath the range’s lower border will probably put the support zone at July's low of 130.50.
