Litecoin price may recover up to $ 55
Following Bitcoin, the price of digital silver has fallen by 12% and is currently trading at $ 47, but LTC has good chances of a bullish recovery to $ 55.
A falling wedge has formed on the LTC chart, which may indicate growth to the level of $ 55. But it is possible that at first the course will move to the lower boundary of the wedge, where it should receive good customer support.
The price of BTC will also play an important role, for a positive lightcoin scenario it should show growth or is in a sideways trend.