Litecoin Price Analysis: 29 January

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice

Litecoin‘s price was forming lower highs on the charts, suggesting the end of an uptrend in the medium-to-long term. However, in this lower high set up, the price formed a bullish pattern. A bounce/close above a critical level would point to a 10% to 20% surge on the horizon for the cryptocurrency.

Litecoin 4-hour chart

After…