Are metrics really painting a bullish picture for Litecoin?

Litecoin‘s price action has more or less mirrored that of the broader cryptocurrency market in July. However, it is noteworthy that the alt’s margin of loss was way lower than some of the other major alts in the market.

Litecoin, after testing its lower long-term support at $109, registered a decent spike (highest in July) in trading volumes on 20 July. However, the trade volumes were still much lower than their May-July levels. Further, the altcoin after oscillating in the oversold…


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