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Litecoin price prediction: LTC to mark new 2023 low as whales’ inactivity hits a three-year high
Litecoin price has been, is presently and will likely continue to follow the lead of Bitcoin. But beyond the high correlation it shares with the asset, it is also vulnerable to a decline owing to the lack of action from its whale addresses. Litecoin price nearing new lows: Litecoin price at the time of writing is trading at $61, standing about 2.4% above the current year-to-date low of $58. The cryptocurrency is likely set to fall through this level and mark a new 2023 low, potentially testing the support line at $58. The Relative Strength Index (RSI), which indicates the momentum building up in the case of LTC, is ... (full story)