LTC/USD broke above 200-DMA and hit 3.91 levels on Monday. It is currently hovering around 200-DMA and trading at 3.86 levels (BTC-e).

Ichimoku analysis of daily chart:

Tenkan Sen: 3.81

Kijun Sen: 3.87

Trend reversal: 3.88 (90 EMA)

On the topside, a consistent break above 3.86 levels (200-day MA) would take the pair to 3.93 levels (100 DMA)/ 4.05 (September 8 high)/ 4.18 (July 11 high).

On the reverse side, support is likely to be found at 3.81 (10-day MA) and a break below would target 3.70 levels (September 22 low)/3.50 (psychological level).

According to latest announcement, there will soon be three hardware wallets for Litecoin with upcoming integrations. Charlie Lee, creator of Litecoin, said in a tweet: