LTC/USD - $366 in range after consolidation!

LTC had an attempt to pump towards its ATH but was pushed down just before reaching that level due to the overall market tanking.

Now we're back on our support at $235 where I expect price to consolidate before we push higher to finally reach our old ATH of $366 which will likely break eventually for LTC to set a new ATH.

On Daily the indicators are a bit bearish, hence why I believe we will hover here for a while just above support, make a nice base, then we can attempt again to go higher.

MACD is bearish, however, RSI seems to want to pump. We have to be patient. Volume is also bullish as this last push up was on good volume. Interest in LTC has been growing. This sets a good stage for what is to come later.

Buying LTC around $240 is a good idea I'd say. Some buy limit orders in that area will serve well once we start pumping again.

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