Litecoin vs U.S. dollar has now broken out of the downward price channel as indicated on the chart below but will it continue to 62.70. The pair failed around the same level in it its previous attempt. Still, it could be different this time around as we see prices have been progressing well in an uptrend channel with higher highs and lower highs. 
Litecoin needs to remain above 61.70 to the upside. Support is at around 60.85, 60.20, and 59.60

 

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