Litecoin long-term Price Analysis: 06 November

A case of better late than never, the altcoin market is finally rallying behind Bitcoin, and Litecoin is following suit. With Bitcoin consolidating above $15,000 for the first time in 2020, LTC was trying to find its feet in the market. While uncertainty might plague its immediate trend, in the long-term Litecoin might re-test its February 2020 highs over the course of the next month.

Litecoin 1-day chart

Source: LTC/USD on Trading View

Litecoin’s 1-day chart suggested a bullish breakout from…

Source link

About bitcoin

Check Also

Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – November 26th, 2020

Ethereum Ethereum slid by 6.06% on Wednesday. Following on from a 0.63% decline on Tuesday, …

Leave a Reply

Your email address will not be published.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