Why a 13.52% nosedive in Litecoin price is not a bad idea

  • Litecoin price confirms a 13.52% symmetrical triangle breakout.
  • LTC may collect more liquidity on its path to $46.64, ahead of a significant recovery to $100.
  • Overhead pressure continues to build among investors who bought LTC at $52.60.

Litecoin price is exploring downhill levels beneath $50.00 after several weeks of mundane consolidation. As discussed last week, the coin could close the day around $46.64 if sellers capitalize on a symmetrical triangle breakout.


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