About $1.2 billion worth of Litecoin could turn profitable if LTC rallies to this price level

  • Litecoin has been stuck between the same support and resistance levels for three months, oscillating between $65 and $46.5.
  • According to price indicators, Litecoin is witnessing a bullish squeeze release, which could propel it towards the 23.6% Fibonacci level.
  • The lack of recovery has led to over 78% of all Litecoin investors witnessing losses on their holdings.

Litecoin might not be the flagbearer of the crypto market like Bitcoin or the constant center of…


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