Is a Price Recovery Near?

On June 25, Litecoin prices hit the $60 resistance level and failed to break to the upside. Another trial followed this in the early hours of June 26, when prices also failed to break to the upside. As the session progressed, a new bearish trend emerged, which saw the session close with a price loss of 3.8 per cent.

Since then, Litecoin prices have continued to plummet, dropping by 13 per cent in the past three trading sessions. Today, the prices are down by a percentage point, continuing…


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