- Litecoin price releases from the handle on August 7, and the breakout is successfully tested on August 9 with a bullish outside day.
- Double bottom measured move of 30% harmonizes with the 200-day simple moving average (SMA) at $191.59.
- LTC shows no signs of a bearish momentum divergence on the intra-day charts.
Litecoin price has engineered a 61.78% rally since July 21, and it is approaching the 200-day SMA for the first time since early June. An improved volume…
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