There is still a lot of uneasy momentum keeping the cryptocurrency markets in its grip right now.  One particular market successfully bucking the trend is Litecoin. This popular altcoin is slowly turning bullish, which can be seen from its current short-term Litecoin price increase. While it is unclear if that momentum will remain in place for very long, it is a welcome sight regardless.

Litecoin Price Starts Moving up Again

While Bitcoin itself is still trying to find its next support level to regain some lost value, other markets are not as patient whatsoever. That is a good sign, although it could also lead to some setbacks while trying to jump the gun. For Litecoin, things are looking relatively good right now, although there is still a long way to go prior to making this an official uptrend.

In the past few hours, the…

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Source: https://themerkle.com/litecoin-price-reclaims-the-47-level-yet-sell-pressure-seems-to-intensify/