Litecoin price started a fresh increase from the $40.50 and $40.00 support levels against the US Dollar. LTC price is now trading nicely above the $44.00 level and the 55 simple moving average (4-hours). There was a break above a significant bearish trend line with resistance near $42.30 on the 4-hours chart of the LTC/USD...The post Litecoin (LTC) Price Analysis: Fresh Rally To $50 Seems Likely appeared first on Live Bitcoin News.