For Litecoin, this would be the first step toward recovery

For Litecoin, this would be the first step toward recovery

Bitcoin’s bullish momentum saw Litecoin climb in recent hours as well. On the charts, LTC has posted a 15% rise above the $143 lows to trade at $163.9 at press time, which was impressive. Litecoin bulls still have a long way to go before calls for $200+ can materialize.

If bulls manage to establish $163 as an area of demand in the days/weeks to come, the gains of October might once again be achievable.

Source: LTC/USDT on TradingView

The price action in December saw multiple tests of the…


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