Can Litecoin gather enough bullish pressure to see a breakout

Litecoin [LTC] is up roughly 25% in the last seven days as the bullish market conditions pave the way for some upside. However, unlike most of its counterparts, LTC did not manage to sum up enough buying pressure to push out of its four-week range.

Litecoin’s price of $58.68 on 20 July had already started to show signs of losing momentum after the latest rally.

The last time the price retested the same price level was between 24 and 25 June after a mid-month rally. The same…


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