Litecoin Coils Within a Zone, Awaiting Breakout

Litecoin Coils Within a Zone, Awaiting Breakout

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  • LTC price falls 30% this week
  • Support at $250 has held LTC thus far
  • LTC price must break & hold $276 for try at 2021 high

LTC price had a rough week falling nearly 30% from its high of $333. A recent mining center blackout in China left the cryptocurrency markets in the red the past few days. LTC was not immune to this market fall. Investors have been waiting a break of $333 as LTC has yet to reach its ATH although many other coins have. 

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