Litecoin price breakout puts the February high in the sight lines

  • 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…


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Your email address will not be published.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 *