- Litecoin price is contained inside an ascending parallel channel on the 12-hour chart.
- LTC bulls have just defended a crucial support level and aim for a significant rebound.
- A key indicator is on the verge of presenting a strong buy signal for LTC.
Litecoin price is still down by 30% since its 2021 peak of $247. However, the cryptocurrency market is showing signs of a recovery, and Litecoin bulls are planning to take advantage of it.
Litecoin price poised for…
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