- Litecoin price remains contained inside an ascending parallel channel.
- LTC whales have purchased a lot of coins in the past three weeks.
- The digital asset defended a critical support level and aims for a rebound.
Litecoin price remains bounded inside an ascending parallel channel on the 12-hour chart after a significant sell-off from $247 down to $157. It seems that LTC whales have taken advantage of the recent dip to buy even more.
Litecoin price aims for a jump…
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