- One model reveals immense support and weakening resistance for Litecoin in the short term.
- A separate ratio has reset into the negative region, suggesting it is time to buy into LTC.
- Litecoin hit a barrier at the 100 SMA on the four-hour chart, giving way to the ongoing correction.
Litecoin sustained the uptrend following support around $170. The descending parallel channel’s lower boundary support reinforced the level, leading to gains toward $200. A break above the…
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