The ongoing bearishness in the market has confined the Litecoin bulls below the $35-range. At press time, the silver coin was priced at $33.18, meaning it had lost nearly 47% of its value from its 2020-high. LTC 4-Hour Chart {image} Following several market corrections, LTC bulls have been trapped in the descending channel pattern which took shape from 13 March, a shape that still holds form even today. The price candles found themselves severely resisted by the downward sloping line of the pattern, and the formation of this channel on LTC’s 4-hour chart was indicative of a bearish breakout for the coin in the ... (full story)