Litecoin in distribution phase as bulls prepare for uptrend to resume in 2022

  • Litecoin sees price hovering below the monthly S1 support.
  • LTC bulls are actively buying in a range that holds historical importance.
  • Expect a bullish breakout in the coming days once market turmoil fades.

Litecoin (LTC) is seeing an attempt to break above S1 monthly resistance being rejected. That said, Bulls are still actively buying in the red zone, preparing for another bullish breakout attempt. Given built-in momentum, for now, only global market sentiment is…


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