Litecoin price analysis shows that the market is on a bullish trajectory as the price has surged to $46.58. The cryptocurrency trades between an ascending parallel channel, which may act as a support and resistance level for LTC in the near future. The Litecoin price is currently following an uptrend as it breached the upper boundary of the descending triangle pattern.
Litecoin price is expected to retrace towards the $47.65 resistance level,…
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