With Litecoin unable to break the $54 resistance, is a 10% drop imminent

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

  • Litecoin rejected multiple times at $53.8 resistance in recent weeks
  • A move below $50 could hearten the bears

The USDT Dominance metric saw a sharp pullback on 13 October, but it has quickly made up ground. This showed that market participants favored holding on to Tether over the past couple of days. Throughout October, this metric has been…


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