- Litecoin price continues to illustrate a symmetrical triangle, edging closer to the apex of the pattern.
- Potential LTC rally threatened by the strategically important 200-day simple moving average (SMA).
- Low volume endures, offering no insight into the accumulation-distribution profile of the cryptocurrency.
Litecoin price action has been dull since the May 23 low as the area around the 200-day SMA has been a tremendous influence. Unless LTC overcomes the significant…
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