Litecoin technical analysis: LTC/USD capped by game-changing weekly resistance at $60

Litecoin technical analysis: LTC/USD capped by game-changing weekly resistance at $60

Litecoin price is trading in the green, with a gain of 1.30% the session on Thursday. LTC/USD weekly price action has been narrow for five trading weeks. Should the price fails to break $60, it could prove to be punishing. A major resistance barrier is eyed at $60, the bulls must break and close above this for greater gains.