Source: Cryptodaily.co.uk, originally published on .
Litecoin (LTC) has been going through a rough patch for the past few months as the price nosedived from a euphoric high of $366 to $88. For the past few months, the price has traded closely in a well defined triangle with a support line passing through the $88 mark. Currently, Litecoin (LTC) seems to be rebounding from this level to head towards the resistance line once again. It is not yet clear as to whether or not Litecoin (LTC) might be able to break out of the triangle during this attempt, but it certainly appears to be heading towards the upper side of the triangle for now, to break past the $100 mark in the near future.