Traders must be cautious of this negating Litecoin’s bullish thesis

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice

Litecoin’s turning point was on 23 July after its price closed above its upper sloping trend. This marked a shift from LTC’s downtrend which extended from its late-May levels. The digital asset is now preparing to reclaim areas lost over several retracement stages in June.

At the time of writing, Litecoin was valued at $144.8, up by 4.5% over the last 24…


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