LTC not ready to take the podium, as on-chain metric cautions

  • Litecoin price is down nine consecutive days and -24% in July, while reaching a new correction low today. 
  • Daily Relative Strength Index (RSI) is now the most oversold since March 2020, indicating a bounce could soon materialize.
  • IntoTheBlock IOMAP metric presents no support for LTC down to $92.48. 

Litecoin price has corrected 75% from the May high to today’s low of $104.02. Still, the current falling wedge pattern combined with oversold technical indicators, such…


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