LTC Pulls Back From Support Level Of $128.02

Litecoin (LTC) market price is in an uptrend with a pullback from its healthy support level of $128.02. The price is below 50 days, EMA and 200 days, EMA. One can further expect a bullish trend if it sustains above the EMA; the price can move towards the resistance level of $161.16.

Resistance: $161.16
Support: $128.02