Litecoin price prepares for 15% advance as LTC reaches an inflection point

  • Litecoin price has slipped into the $107.23 to $116.07 demand zone, suggesting a reversal.
  • A resurgence of buyers is likely to propel LTC by 17% to $132.60.
  • The bullish thesis will face invalidation if the altcoin produces a six-hour candlestick close below $107.23.

Litecoin price set a higher low as it dipped inside a demand zone, indicating that the bullish outlook is intact. Going forward, investors can expect LTC to climb higher as the crypto markets flip…


Source link

About bitcoin

Check Also

Bitcoin, Litecoin & Cardano– American Wrap 1 February

Bitcoin price plunged to its weekly low of $22,862 earlier today, as traders awaited the …

Leave a Reply

Your email address will not be published. Required fields are marked *