Litecoin market overview: LTC/USD nosedives on the attempt to break the triangle resistance

Litecoin market overview: LTC/USD nosedives on the attempt to break the triangle resistance

Litecoin reverses sharply after failing to break triangle resistance at $64. Litecoin bears are back in action targeting $58 short-term support. Litecoin was unable to defend the support at $60 towards the end of last week. The price refreshed levels towards the next short-term support at $58.