Is Litecoin lit with MVRV, whales, demand zones showing unbridled ambition

Litecoin has been in a strong correction phase this month like many other top cryptocurrencies after the March rally. However, LTC attempted a recovery rally post 12 April last week, but it was short-lived as the bearish market conditions during the weekend subdued its bullish run.

LTC traded at $110.93 at the time of writing after increasing by 4.43% over the last day. It has so far pulled back by roughly 15.21% from $134, its latest local top on 30 March. Its current price tag is not that…


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