Litecoin Price Watch – LTC/USD Holds Support At $156

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Key Highlights:

Coming off a seven-day high of $166.56 this weekend, Litecoin dropped down below $150 before bouncing back to its current price of $158.50
A critical support level is established at $156
The bollinger bands are showing a triangle pattern, taking LTC to a range between $157 and $159

Litecoin Holds Support At $156

Litecoin managed to reach a weekly high of $166.56 this past weekend, after which it began to move downward to as low as $142.75 before bouncing back above $150. The recent price movements have established a critical support level …

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