Whales are back to help LTC recoup overarching weekly losses

  • Litecoin price is back in the green, guided by a V-shaped recovery pattern.
  • Whales return, scooping up lower-priced LTC amid a quick rebound above $60.00.
  • Litecoin price holds above solid support areas as hurdles weaken to pave the way for a trend reversal.
  • A daily bullish candlestick close above the 61.8% Fibonacci will help thwart a potential retracement in LTC price.

Litecoin price and the crypto market, in general, are moving on swiftly against the backdrop of…


Source link

About bitcoin

Check Also

Bitcoin, Litecoin & Cardano– American Wrap 1 February

Bitcoin price plunged to its weekly low of $22,862 earlier today, as traders awaited the …

Leave a Reply

Your email address will not be published. Required fields are marked *