Litecoin dips to key support but bulls poised for a rebound

The technical picture for Litecoin (LTC) suggests that it could post a massive upside towards $100 if bulls hold above $70

Litecoin’s spot price mirrors the rest of the top altcoin market, with LTC changing hands around $70 after dipping more than 6% in the past 24 hours. The cryptocurrency is also trading nearly 18% down over the past seven days.

At the moment, Litecoin bulls are trying to keep bears at bay around the critical $70 support level. If they manage to flip momentum to their…


Source link

About bitcoin

Check Also

Bitcoin, Litecoin & Cardano– American Wrap 1 February

Bitcoin price plunged to its weekly low of $22,862 earlier today, as traders awaited the …

Leave a Reply

Your email address will not be published. Required fields are marked *