- Litecoin price rally shows a consolidation in an ascending parallel channel for nearly four months.
- The supply barrier ranging from $296 to $317 could put an end to the upswing.
- LTC could retrace 10% if it gets rejected by the area of resistance mentioned above.
Litecoin price is approaching a critical level that could decide its trend for the foreseeable future.
Litecoin price to run into blockade
On the 1-day chart, Litecoin price is traversing an ascending…
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