Litecoin Poised to Retrace Before Entering New Uptrend

Key Takeaways

  • Litecoin spiked over 12% in the past 24 hours before correcting again.
  • The bullish impulse came after LTC breached the $139 resistance level.
  • Now, this cryptocurrency is primed to advance to $187 but may offer sidelined investors an opportunity to get back into the market.

Share this article

Litecoin seems to be breaking out of a three-week-long consolidation period, but a particular technical indicator points to a correction before it advances further.

Litecoin Primed…


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Your email address will not be published.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 *