The total price drop did not bypass the LTC market. One of the most liquid coins of the crypto market fell by 30% in two days. Quite a good result if we compare that the drop in the price of BTC was about 22%.
Our previous idea missed the mark a bit:
However, the rebound after testing the mark of $157.29 was rather weak. Given the nature of the growth, we believe that the likelihood of a continuation of the local growth wave is high.
The main condition is to keep the mark of $170. If sellers test this mark at low volumes, we will expect the continued growth of the LTCUSDT price to $207.
Looking at the BTC chart, you need to have another scenario in mind. If BTC buyers do not hold on to $46,000 - 46,500, the price will continue to fall towards $ 42,000. In this case, LTCUSD will test the mark of $146 .
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.