Why Litecoin price is ready for a quick 30% recovery bounce

  • Litecoin price hovers around $72.8, eyeing a quick reversion to the mean.
  • Investors can expect LTC to trigger a 30% ascent if it can mow through the $82.3 hurdle.
  • A decisive daily candlestick close below $64.6 will invalidate the bullish thesis.

Litecoin price shows stabilization around a weekly support level after a brutal sell-off from its all-time high in May 2021. The said barrier is likely to trigger a quick uptrend that will allow short-term traders to…


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