Why Litecoin Remains in Choppy Markets

Throughout the month, the Litecoin price has traded within a very narrow price range of between $50 and $55. Today, the price is showing a continuation of the sideways market and is already up by a percentage point and poised to wipe out yesterday’s 2 per cent price drop.

There have been a number of reasons why we have seen Litecoin trend sideways, including its significant correlation with Bitcoin. For months now, Bitcoin has also failed to establish a trend and instead has seesawed…


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