TL;DR Breakdown
- Litecoin price analysis suggests an upwards movement to $50
- The closest support level lies at $40
- Litecoin faces resistance at the $45.53 mark
The Litecoin price analysis shows that LTC has finally found support at the $40.00 mark, which has enabled the bulls to recover to the $44 mark. However, the bulls still face strong selling activity, making it hard for the price to recover.
The broader cryptocurrency market observed a bearish market sentiment over the last 24 hours as…
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