LTC/USD broke above 200-DMA and hit 3.91 levels on Monday. It is currently hovering around 200-DMA and trading at 3.86 levels (BTC-e).
Ichimoku analysis of daily chart:
Tenkan Sen: 3.81
Kijun Sen: 3.87
Trend reversal: 3.88 (90 EMA)
On the topside, a consistent break above 3.86 levels (200-day MA) would take the pair to 3.93 levels (100 DMA)/ 4.05 (September 8 high)/ 4.18 (July 11 high).
On the reverse side, support is likely to be found at 3.81 (10-day MA) and a break below would target 3.70 levels (September 22 low)/3.50 (psychological level).
According to latest announcement, there will soon be three hardware wallets for Litecoin with upcoming integrations. Charlie Lee, creator of Litecoin, said in a tweet:
Excited to see @BitcoinTrezor adding Litecoin support! Soon with @LedgerHQ and @bitcoinkeepkey, we will have 3 LTC hardware wallets. https://t.co/udsEaSBd0z
— Charlie Lee (@SatoshiLite) September 26, 2016
