Litecoin (LTC) Attempts to Reclaim $50 Support level – BeInCrypto

Despite the rapid decline on September 2, the long-term bullish structure for Litecoin (LTC) is still intact. As long as the price is trading above the $42 support area, the possibility of bullish continuation remains valid. Breakout From Long-Term Resistance At the beginning of August, the Litecoin price broke out from a descending resistance line that had been in place for 889 days.

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