- Litecoin price is stuck below the 50 twelve-hour SMA as the buyers seem unmotivated in lifting prices higher.
- LTC would discover meaningful support at $168 should the altcoin continue to lose momentum.
- Litecoin could see an 11% drop toward the demand zone if LTC fails to slice above a key resistance level.
Litecoin price erased most of its gains over the past week as the recent market-wide crash witnessed LTC plunge by 27%. Although the altcoin has recovered by…
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