- Litecoin price action develops a pattern seen across the altcoin space: the inverse head-and-shoulders pattern.
- LTC faces a strong cluster of resistance before it can move towards the $200 value area.
- Downside risks are significant and highly probable.
Litecoin price faced significant selling pressure on Thursday, following other risk-on markets lower due to war jitters and continued inflation worries. However, that didn’t stop LTC from developing a likely…
Source link