Litecoin price analysis : $50.00 level offers critical support

Litecoin price analysis : $50.00 level offers critical support

Litecoin could stage a technical pullback from current levels after the cryptocurrency found strong resistance from the $63.00 level. Litecoin technical analysis shows that the cryptocurrency could fall back towards the $50.00 level before rallying again. Litecoin technical analysis shows that the cryptocurrency recently failed to break above its 200-day moving average, and reversed from the $63.00 level.