Litecoin testing 250.0 price

LTCUSD pair showed a strong rebound pattern (Double Bottom) in the Support Zone (Support Zone consists of 100.0 Psychological support, 200-days EMA, 61,8% Fibonacci level) and started the growth accompanied with rising volumes, which is a positive sign for the bulls.
Now the pair has already overcome the 200.0 resistance, drew a correction pattern and broke above with rising volume. Hence, it seems that LTCUSD is starting a new bullish wave. As soon as the price breaks above the 250.0 resistance the growth will continue until next resistance at 300.0 level.
FibonacciLitecoin (Cryptocurrency)LTCLTCUSDLTCUSDTSupport and ResistanceTrend Lines

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