Litecoin price corrected lower and tested the $71.20 and $70.80 supports against the US Dollar.
LTC price is currently recovering, but there are many hurdles near $76.00 and $76.50.
There is a major bearish trend line formed with resistance at $76.80 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).
The pair could trade in a range for a few sessions before it could climb above $76.50 and $76.80.
Litecoin price seems to be consolidating against the US Dollar, while bitcoin is climbing. LTC price remains well supported on the downside
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