Litecoin is currently trading just shy of the $110 level of resistance after a 13.7% bounce over the past 10 days.
The industry’s 21st largest asset by market cap remains in a troubling downtrend on all higher time frames in spite of signs of promise in the short-term.
If Litecoin can rally and begin to close daily candles above the $119 level of resistance, it would begin to form the hallmarks of a bullish reversal.
However, the most notable level of resistance is at…
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