Litecoin has recovered from its recent losses. On Tuesday, the coin was caught in the loop between the resistance level at $137 and support level at $134.8. The major drop occurred at 14:50 UTC and the price suffered a 2.99% loss. The trading value dropped from $136.7 to $128.36.

Today, LTC coin price gained back momentum and hit $139.76. Litecoin price has increased by 4.69% against the USD and trading at $137.12 USD. In terms of LTC/BTC, the price spiked up by 4.56% with trading value 0.01496901 BTC.

Read more about reason behind sudden spike https://coinpedia.org/news/ltc-coin-price-booms-with-the-launch-of-crypto-debit-card/

I remember when every little news pumped altcoins like crazy, now we can expect these little gains when halvening occurs.

I also expect LTC price steadily climb to 330-350$ range at halvening and drop to 270-290 afterwards.

See big resistance at 300$ but these walls have vanished before attack.