As Litecoin finds support at $50 and rallies, this is where bulls can look for profits

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice

  • Litecoin fell beneath $64 and could retest it as resistance
  • The $50 area has been held as support for now, but violent moves meant traders must remain cautious

A significant level of fear gripped the market. The momentary depeg of USDT from USD caused panic as users questioned whether Tether was exposed to FTX. Binance backed out of the offer…


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