Litecoin price to retest $200 before LTC resumes its uptrend
Litecoin price is down over -10% since hitting $233.
Retracement to the $200 level is likely to test as support.
Failure to hold this support level could see a quick return to $180.
Litecoin price has significantly increased since the beginning of September, gaining as much as 35.4% from the September 1st, 2021 open. However, LTC price has topped out at $233 and now sees rising selling pressure.
If bulls cannot hold $200 as support, bears will likely gain control and push Litecoin price towards $180.
