- Litecoin price is currently bounded inside an ascending triangle pattern on the 4-hour chart.
- It seems that LTC whales have been selling significant quantities of the coin, indicating strong selling pressure.
Litecoin is currently trading at $83.71 inside an ascending triangle pattern on the 4-hour chart. Several on-chain metrics show that large LTC investors are selling, which adds selling pressure to the market and shifts the odds in favor of the bears.
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