- Litecoin price is pausing after dropping 9% on October 28.
- LTC might continue its descent by another 9% to retest the stable support floor at $163.89.
- A bounce from this barrier could kick-start a new rally to $232.94.
Litecoin price failed to sustain its ascent that began on September 30. This inability of the buyers led to a crash on September 27. While this descent might continue, it will set the stage for a new leg up.
Litecoin price anticipates further…
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