LTC bulls push prices to $222.82 level

Today Litecoin price analysis shows a bullish trend. Litecoin’s price is currently trading at $222.82 after bulls managed to push prices from an intraday low of $111.01. The market capitalization currently stands at $77 billion, with LTC’s dominance rate at 3.6%. Litecoin prices are seeking support at $109.77 but the immediate resistance is seen at $222.82.

Bulls managed to take control of the market yesterday, pushing prices from an intraday low of $111.01 to a high of $118.68. The market capitalization increased by more than $1 billion in 24 hours, with Litecoin’s dominance rate rising to 3.8%. Despite the bullish trend, LTC/USD prices are still facing some resistance at $222.82.