Litecoin Is Not Bullish Yet, Until the Range Breaks

Litecoin was among the most bearish pairs during the previous three months in the crypto market. losing around 75% of the vale, as it crashed from $414 and continued making lower lows until it formed a support zone above $100. The 20 SMA (gray) was pushing it down, which was another bearish sign, since this is the smallest moving average, indicating that sellers were jumping in on the first opportunity.

Although, the reversal came in the crypto market in the last week of July, which pulled


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