Litecoin price gets rejected from strong resistance at $72.517

Litecoin price sees a bullish trend at the start of February 2020. The cryptocurrency’s price line rose up to meet a strong resistance at $72.517. The coin retreated below the $70.00 mark after it met the strong resistance, after which it saw a retracement towards the $71.00 mark before February 01 ended. 1-Day Litecoin Price Analysis (February 01) Litecoin Price Chart by TradingView After the cryptocurrency closed at $67.50 on January 31, the LTC price line stepped onto a bullish trend just as it entered February 01. The bulls were able to take the cryptocurrency’s price line towards the $69.50 mark