Litecoin Price Analysis: Reversal Pattern May Push LTC Price Beyond $60

The multiple lower price rejection candles reflected the failed attempts from sellers to break the $40 psychological support. However, the price action hovering above the $40 mark shaped into a double bottom pattern, whose breakout indicates a recovery opportunity for Litecoin(LTC) holders.  Key points LTC chart shows double bottom pattern breakout in 4-hour time frame 

The post Litecoin Price Analysis: Reversal Pattern May Push LTC Price Beyond $60 appeared first on CoinGape.

CoinGape

4 total views, 1 views today

Author: toutiao