Litecoin (LTC)’s bullish activity has risen since the start of the month. It managed to recover back above $60 after ending August on a bearish note. On the contrary, however, new observations seem to indicate that it might be about to experience another slip below the $60-level.
Litecoin is one of the few cryptocurrencies that operates on a proof of work consensus mechanism. Miner flows have so far proved to be a significant sentiment driver influencing price action. Any…
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