Litecoin Price Breaks July Trendline: Key Pullback Zones

2 hours ago 2

Rommie Analytics

What Litecoin has changed on the daily chart

LTC has moved through two distinct forms of resistance. The first is the horizontal high reached in May. The second is the descending line that had limited rallies since July. Clearing both does not settle the longer-term trend, but it does give the daily chart a different structure from the one that governed the summer.

TradingView technical chart displaying Litecoin (LTC/USD) daily price action, Fibonacci retracement levels, and moving average resistance tests Read Entire Article