Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice
Like most of its counterparts, Litecoin noted an increase in value on the back of Bitcoin’s push above $50k. The alt, which historically shares a strong correlation with the king coin, lined up seven straight green candles on the 4-hour timeframe. This was last seen in late May after Litecoin rallied from a near 4-month low.
However, a resistance zone seemed…
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