LTC needs to correct to stable grounds before 30% ascent

  • Litecoin price is undergoing a pullback and might retest a crucial support barrier at $124.62.
  • If the buyers make a comeback, investors can expect a full-blown rally to tag the range’s mid-point at $164.72.
  • If LTC slices through $118.60 but fails to reclaim it, the bullish thesis will face invalidation.

Litecoin price is in a consolidation stage and does not show a clear directional bias. However, LTC is likely to continue its correction in the short term until it…


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