- Litecoin price hovers within a descending parallel channel.
- The 200-week moving average is currently 65% above the current market value.
- Key levels have been identified for both a bearish and bullish scenario.
Litecoin price is inching towards a breakout, but jumping in too soon could result in a whirlwind of pain.
Litecoin price bullish scenario
Litecoin price currently trades at $58.78 as the bulls and bears collide on smaller time frames. Although the…
Source link
