Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice
Recent market-wide gains helped Litecoin [LTC] buyers reclaim the $53-level over the past 24 hours. As a result, the altcoin quickly jumped above the EMA ribbons to project strong buying momentum.
Furthermore, the recent bullish engulfing candlesticks reflected a solid uptick in buying pressure. Sustained rejection of higher prices in the…
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