Litecoin price has corrected 75% from the May high to today’s low of $104.02. Still, the current falling wedge pattern combined with oversold technical indicators, such as the RSI and Percentage Price Oscillator (PPO), propose that LTC may be near a rebound, even though the IOMAP metric communicates an absence of support below the current price. Since the May collapse, headlined by the -36% crash on May 19, Litecoin price has patiently molded a falling wedge pattern with exceptional support at the confluence of the June 19 high of $146.00 and the 50-week SMA at $139.61. However, the protection awarded by the price ... (full story)