Litecoin is attempting to recover higher in early Thursday trade as the fifth-largest cryptocurrency receives a boost from improving trading sentiment. The LTCUSD pair must break above the $66.00 level to negate short-term selling pressure. Overall, the LTCUSD pair is still vulnerable to a decline towards the $36.00 level if the broader cryptocurrency market starts to trade lower.
• If the LTCUSD pair trades above the $60.00 level, key resistance is found at the $66.00 and $73.50 levels.
• If the LTCUSD pair trades below the $60.00 level, key support is found at the $50.00 and $36.00 levels.
• If the LTCUSD pair trades above the $60.00 level, key resistance is found at the $66.00 and $73.50 levels.
• If the LTCUSD pair trades below the $60.00 level, key support is found at the $50.00 and $36.00 levels.
