Can MAs Hold Litecoin LTC, Cardano ADA As Cryptocurrencies Retreat Lower?

Cryptocurrencies stopped declining in January and are trying to resume the larger uptrend, although that is not so straightforward. The bearish momentum of previous months has ended and most cryptos made some respectable gains over the last month, with Bitcoin (BTC) increasing above $48,000 from $33,000, which suggested that perhaps the larger bullish trend has resumed.

But this week we are seeing a pullback, although it’s not certain whether this is just a pullback before the bullish…


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