Litecoin has rallied to a new monthly trading high over the weekend, with the LTCUSD pair testing towards the $59.00 resistance level. Technical analysis shows that the $62.00 and $65.00 levels offer the strongest form of upcoming resistance from the LTCUSD pair. Overall, the LTCUSD pair and other top altcoins are likely to continue to benefit from the ongoing bullish breakout in the BTCUSD pair.
The LTCUSD pair is only bullish while trading above the $50.00 level, key resistance is found at the $59.00 and the $62.00 levels.
If the LTCUSD pair trades below the $50.00, sellers may test the $47.00 and $45.00 support levels.
