Important price line being approached by LTCUSD. This price has been tested numerous times before.

LTCUSD is moving towards a line of 58.3100 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If LTCUSD continues in its current trajectory, we can expect it to reach 58.3100 within the next 23 hours.