Litecoin technical analysis: LTC/USD remains range-bound

Litecoin technical analysis: LTC/USD remains range-bound

Litecoin defends s $50 support but movement north fails to break above $60 resistance zone. Litecoin stays between the 50 SMA on the one-hour chart resistance and the 100 SMA support. Spot rate: $57.047 Relative change: +0.4055 Resistance: $60 and $80 Support: $55 and $50 Litecoin is bullish according to the upward trend Relative Strength Index (RSI).