- Litecoin retest support at $150 following rejection from the yearly high at $181.
- On-chain data shows that recovery back to $180 will be challenging, especially with a high seller concentration at $170.
Litecoin was rejected from levels above $170 barely a day after hitting a new yearly high at $181. The retreat occurred alongside Bitcoin’s rejection at $40,000. The bearish leg extended to $150 after failing to find support at $160. LTC has already resumed the…
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