Litecoin bulls regaining control after crucial support, but on-chain metrics reveal immense resistance ahead

Litecoin rebounded from crucial support between $68 and $70 but has stalled under $75. LTC/USD is likely to settle for consolidation between $68 and $75 ahead of a potential breakout. Litecoin price hit a barrier marginally under $80 following a 23% spike in just two days. The sixth-largest cryptocurrency retreated to establish and confirm support

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Author: toutiao