Litecoin Price Sees Strong Bounce Near $46 Amid Trendline Rebound
The Litecoin price has rebounded near $46 after buyers defended an ascending trendline and reduced recent selling pressure.
LTC traded around $45.98, gaining about 1% over 24 hours, according to CoinGecko market data. Its market capitalization stood near $3.56 billion, while daily trading volume approached $135 million.
The rebound places the $47 to $48 resistance zone back into focus for traders.