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Litecoin Price: Bulls Gathers Momentum for Another Chance at Crucial Level

From investingcube.com

Litecoin price is about 8.25% from where it began in 2022. Efforts by the bulls to push the crypto past the crucial support-turn-resistance zone of $150 have been unsuccessful. The downward momentum recorded over the past two months has pushed its market capitalization from over $19 billion in November to the current $9.6 billion. Litecoin, which is often referred to as Bitcoin Lite, was founded on Bitcoin’s protocol with the aim of facilitating affordable peer-to-peer exchanges. Notably, it is one of the widely accepted cryptocurrencies across the globe with over 2,000 merchants approving it as a means of ... (full story)

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  • Category: Technical Analysis