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Litecoin Price Analysis: 31 December

From ambcrypto.com

Litecoin’s market has been devoid of significant volatility, with its charts seeing very dull price movement. Despite its strong bond with Bitcoin, Litecoin has been consolidating on the charts, with LTC yet to see strong price movement. At the time of writing. the price of LTC was $127 while noting the emergence of strong selling pressure. According to the attached chart, Litecoin’s market has been consolidating between $123.67 and $132.62. However, since the coin has been moving within this range for a while now, the chances of a drastic price swing have been low. The cryptocurrency’s price was moving lower towards ... (full story)

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  • Category: Technical Analysis