Litecoin long-term Price Analysis: 29 September

While most of the coins were undergoing a period of recovery in the past few days, the enthusiasm was lacking on Litecoin’s side. The asset has been unable to carve a bit of distance from its support at $45, staying close to the price range. With a 24-hour change of -2.5%, Litecoin had a market cap of $2.98 billion, sliding all the way down to 12th in the rankings.

Litecoin 1-day chart

Source: LTC/USD on Trading View

As observed, since the collapse on 2nd September, Litecoin has largely…

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