- Litecoin price formed a ‘W’ pattern, also known as a double bottom on the 12-hour chart.
- Several on-chain metrics give LTC the upper hand as there is weak resistance on the way up.
- LTC must conquer a key resistance level for a potential breakout towards $300.
Litecoin (LTC) has been trading in a 12-hour uptrend since March 25 but suffered a 12% correction in the past 24 hours as the entire crypto market plummeted. The digital asset is poised for yet another leg up…
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