- Litecoin price is contained inside an ascending parallel channel on the 4-hour chart.
- The digital asset faces only one barrier ahead which could propel its price to $200.
- A notable number of whales have exited Litecoin, adding some selling pressure.
Litecoin has been trading in a steady and robust uptrend since the beginning of 2021. It is now facing one crucial resistance level at $175 before its final breakout towards the psychological level at $200.
Litecoin…
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