Litecoin price analysis: LTC/USD expected to surpass its intraday high

TL; DR Breakdown On the 4-hour Litecoin price analysis, bears seem to have taken charge of the market.LTC/USD hovers near key resistance at $215.Long-term outlook of Litecoin firmly in bullish conditionBitcoin trades at $50K while ETH strives to hit the $4K in the course of the weekend.  Litecoin price analysis: General price overview LTC/USD picked off the five-day Litecoin price analysis chart while the bulls had taken control of the market. The coin traded in a rising wedge forming several triangles. LTC has recorded a 25 percent gain in the last week. On the 5-day price analysis chart, the green bars seem to be more than the red ones. This is a good indication that the LTC/USD market is trading in bullish momentum. The Bollinger bands are moderate in size; this signals the prices are trading at a tight range, which means the market has low volatility. At the same time, the 100 day MA is trading positively throughout the 5-day price analysis chart, meaning that the LTC is bullish. There is a possibility of the bull dominance continuing as per Litecoin price analysis. On the daily price analysis chart, the market seems to be bullish in the early trading hours. Source: Coin360 Despite Bitcoin being on the green side of the cryptocurrency heat map, the coin had recorded slight drops as it is currently trading at $49.7K, having lost a few thousand dollars from yesterday’s highs.  The second-largest digital asset is striv...