Litecoin (CRYPTO: LTC) is trading higher Monday and looks to be bouncing off support in a sideways channel. The crypto has been in a steady downward trend for the past few months, but could be turning around if the support level can hold.
Litecoin was up 6.28% at $109.52 at time of publication.
Related: After Trading Lower, Will Litecoin Get Its Groove Back?
Litecoin Daily Chart Analysis
- Litecoin looks to be bouncing off the $100 support level, as it has a few times in the…
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