- LTC/USD swung up towards $100.00 but formed a high at $99.61.
- The support at the 61.8% Fib level is still in danger especially if Litecoin fails to retrace above $90.
LTC/USD like other cryptocurrencies took advantage of the recent Bitcoin price to trade new 2019 highs slightly below $100. The surge that commenced on Tuesday used $60.00 as a pedestal. A struggle ensued at the 23.6% Fib retracement level between the last swing high of $99.61 and a swing low of $60.62 close to $70.00. The Bulls extended the gains above the rising trendline and Litecoin traded higher highs and higher lows.