LTC completes technical framework for a 20% rally

  • Litecoin is on the verge of a massive technical breakout from a falling wedge pattern.
  • The MVRV ratio shows that LTC is in a buy zone, which is a bullish signal.
  • Litecoin’s expected breakout may delay due to the resistance illustrated by the IOMAP.

Litecoin is trading 2% higher over the last 24 hours. It is among the few coins dotting the cryptocurrency market green. Meanwhile, short-term technical analysis suggests that a breakout is around the corner, especially…


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