Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice
After hitting the resistance level of $296.74, Litecoin saw its price retrace by almost 38% on the charts. Alas, even though a later recovery pushed the price of the digital silver towards $265 at press time, market momentum was still lacking.
Litecoin daily chart
Litecoin’s daily chart suggested that the crypto’s price had…