Litecoin is starting to struggle with the $40.00 level as the market comes under downside pressure before the weekend. The LTCUSD pair still has strong upside potential while the $36.00 support level continues to hold. Traders that a medium-term bullish towards the LTCUSD pair will be targeting the $50.00 level and beyond while price holds above the $36.00 support level.
- The LTCUSD pair is bullish while trading above the $36.00 level, key resistance is found at the $45.00 and the $50.00 levels.
- If the LTCUSD pair trades below the $36.00, sellers may test the $32.00 and $25.00 support levels.
