Litecoin needs to reclaim this level as support before bulls can make a comeback

Litecoin had an amazing start to November as it shot past the $200 mark and rocketed to a $295 high. However, the past six weeks have pulled Litecoin back to the $140 lows. Bitcoin experienced a short-term bounce, but bullish strength was not seen as much on longer timeframes. What Litecoin can achieve in the coming weeks will be dictated mostly by what Bitcoin does in the market. The bulls will have a fighting chance if Litecoin can flip the $176 level to support.


Source: LTC/USDT

Source link

About bitcoin

Check Also

Bitcoin, Litecoin & Cardano– American Wrap 1 February

Bitcoin price plunged to its weekly low of $22,862 earlier today, as traders awaited the …

Leave a Reply

Your email address will not be published.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