Litecoin develops bullish buying pattern before LTC hits $150

  • 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…


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