Litecoin (LTC) Price Analysis: Uptrend Intact Above $85

Litecoin started a strong increase above $85 against the US Dollar. LTC price is now trading above $82 and the 55 simple moving average (4-hours). There is a connecting bullish trend line forming with support near $88.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair remains supported for more gains unless there is a clear move below $85. Litecoin price is rising steadily above $85 against the US Dollar, similar to bitcoin. LTC price could continue to move up if it remains well supported above the $85 level. Litecoin Price Analysis In the past