Litecoin: Amid heavy selling pressures, indications point at a possible 60% rally

Litecoin has been trading at a discount from its previous ATH just like many other cryptocurrencies. However, LTC’s latest performance puts it in oversold territory especially now that it has dipped its toes below $100 once again.

Litecoin traded at $389 at its peak in May 2021 and has not managed to rally back to those levels since then. It traded at $98 at the time of this press, courtesy of a strong bearish start. Its current price is discounted by roughly 77% from its ATH, meaning it…


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