Litecoin price needs to retrace before LTC can rally 56%

  • Litecoin price has been on a smooth uptrend since September 28, rising 33%.
  • As LTC hovers around the $177.78 resistance level, the MRI flashed a sell signal, hinting at a correction.
  • A retracement toward the $163.89 is likely before LTC can kick-start an uptrend to $232.94 and $258.67.

Litecoin price is having trouble around a resistance level and is hovering around it after nearly ten days of ascent. One indicator, however, is suggesting a sell-off is around the…


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