- Litecoin price ended a 15-day corrective phase with a new buy signal.
- Volume profile shows a lack of accumulation to start the rally.
- The first major resistance is the .618 Fibonacci retracement level.
Litecoin price suffered a notable correction in late February, taking it down almost 38% from the peak at $247 over the course of 8 trading days. Current price action indicates that the corrective process is complete and more gains can be expected.
Litecoin price…
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