LTCUSD $200.00 Possible

Litecoin is on the rise above the $160.00 level this morning as the increasingly popular cryptocurrency follows Ethereum and other top altcoins higher. Technical analysis highlights that the LTCUSD pair could target the $200.00 level while the price holds above $145.00. In the near-term, the $180.00 and $183.00 levels present the strongest forms of upcoming resistance.

The LTCUSD pair is only bullish while trading above the $145.00 level, key resistance is found at the $183.00 and the $200.00 levels.

If the LTCUSD pair trades below the $145.00, sellers may test the $130.00 and $120.00 support levels.

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