- Litecoin price remains contained inside an ascending parallel channel on the 12-hour chart.
- LTC bulls have defended a key support level and aim for a massive 50% rebound.
- There seems to be weak resistance to the upside for Litecoin.
After an overall market crash in the past 48 hours, Litecoin price quickly dropped from a high of $247 to a low of $157. However, the digital asset defended a critical support level and aims for a massive rebound.
Litecoin price eyes…
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