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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.

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Future value

Get to know the various cryptos

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