Last month cryptocurrencies tried to turn bullish, with the risk sentiment improving in financial markets which sent Bitcoin (BTC) above $48,000. Litecoin (LTC) and Ethereum (ETH) reversed higher as well and made some decent gains. But the bullish move has ended and the downtrend seems to have resumed again. Although, these cryptocurrencies are facing some major support now, which will be decisive whether cryptocurrencies continue to be bearish or if they will reverse higher soon.
Litecoin…
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