On September 18th, the Litecoin price triggered a rising parallel channel pattern with the breakdown of the long-coming support trendline. However, the price is currently stuck in a retest phase, and the lower price rejection candles there indicate weakness in buyer’s commitment. Thus, the interest needs better confirmation before they position their fund in LTC.
The post Litecoin Price Trapped In a Make-or-Break Situation; Watch this Before Buying appeared first on CoinGape.
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