- Litecoin price closes in on the double bottom measured move price target of $191.00 after a 10.82% rip on August 13.
- LTC breaks away from the 50-week simple moving average (SMA) and logs the best weekly gain since the beginning of May.
- A bearish momentum divergence appears on the intra-day timeframes as the Relative Strength Index (RSI) does not confirm Litecoin price highs.
Litecoin price had been paralyzed by the 2019 high at $146.00 and the 50-week SMA from the end…
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