Will LTC Fall Below $50?

Litecoin price has continued to trade within an ascending channel, and in today’s trading session, it is up by less than a percentage point. However, there are signs that the trend will be short-lived due to the recent bearish price action.

With the resurgence of the cryptocurrency industry, which started a few weeks ago, Litecoin has strongly trended upwards, following the trend of other major cryptocurrencies such as bitcoin. Part of the reason for this is due to Litecoin being highly…


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