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Litecoin likely to breakout from pennant to $67 by next weekend

From ambcrypto.com

Litecoin has lately been making quite an effort to push back to its glory days. Recording a 20% rise in price in just over two weeks, LTC had a value of around $60, at the time of writing. According to CoinMarketCap, Litecoin had a market cap of almost $3.9 billion and a daily trading volume of over $3.2 billion. Further, LTC was traded most on CoinEgg exchange; paired up against ETH, its trading volume represented 11.69% of its total trading volume over a 24 hour period. The hourly chart for Litecoin showed the price following a clear pennant pattern, oscillating between the trend lines since late-October. The ... (full story)

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  • Category: Technical Analysis