Litecoin’s bulls must look out for these divergences in price action

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice

After its latest bullish rally, Litecoin (LTC) finally saw a close above its long-term liquidity range (Point of Control/POC) while rising within an ascending channel (white).

With the 4-hour 50 EMA (cyan) jumping above the 200 EMA (green), the bulls have steered the trend in their favor over the last few days. Now, as the price keeps testing the upper band…


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