Litecoin traders going short must consider LTC’s inability to break past this level

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.

Litecoin [LTC] has not seen a large amount of volatility in recent weeks, relative to the rest of the altcoin market. The past month saw LTC range between $52 and $64, a modest 22% price difference measured from the bottom.

In the meantime, Bitcoin [BTC] slipped below the $20.8k support after a firm rejection at $24k in mid-August. The USDT…


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