Prices to Retest $97 Support Level

Litecoin has been steadily declining since January 18, losing 28 per cent of its value since then.

The latest bearish move comes amidst a slump in Bitcoin, a positively correlated cryptocurrency with Litecoin. On the other hand, Bitcoin is driven lower by a tighter US monetary policy aimed to reign in the soaring US inflation.

Today, the Federal Reserve is expected to commit to a March rate hike at their FOMC meeting. Danske Bank analysts even expect the Fed to introduce quantitative…

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Litecoin [LTC] investors could watch out for these levels in weeks ahead

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should …

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