Litecoin Price Prediction: This Resistance Could Trigger New Rally

Litecoin price remained well bid above the $60 support zone against the US Dollar. LTC is rising and might attempt a fresh rally above the $70 level.Litecoin started a fresh decline below $80 support against the US Dollar.
The price is now trading below $70 and the 100 simple moving average (4-hours).
There is a key bearish trend line forming with resistance near $70.50 on the 4-hours chart of the LTC/USD pair (data feed from Kraken).
The price could start a decent increase if there is a clear m