Key Takeaways
- Following a month-long stagnation period, Litecoin seems ready to resume its uptrend.
- The breakout from a consolidation pattern suggests LTC could rise to $290.
- Speculation over the upcoming Coinbase IPO listing appears to be influencing this cryptocurrency’s price action.
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Litecoin’s lackluster price action may have finally concluded. LTC finally broke through a crucial resistance level that could see its market value rise by nearly 40%.
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