CoinGape
2022-08-17 13:39:43

Why Litecoin (LTC) Could Witness A 24% Drop, and Can It Be avoided?

A rising wedge pattern governs the ongoing recovery in the LTC/USDT pair. Following this pattern, altcoin surged 63% and formed a local top at the $64.5 mark. However, the very nature of this pattern is to resume the prevailing downtrend once the price breaches its rising support trendline. Key points from LTC analysis: The LTC The post Why Litecoin (LTC) Could Witness A 24% Drop, and Can It Be avoided? appeared first on CoinGape.

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