Litecoin chart is still primed at the current support level that has been hold for almost 2 years now.
Not much to talk right now as another blue chips are more likely to experience the same. Just look at the Ethereum.
With the support area around 0.00886 - 0.00771 is my first accumulation zone and then next entry will be in at 0.00634 - 0.00650.
The current level leaving a room for 2.26x from ATH and -0.63 from ATL. Expecting those two level to hold as we're getting better towards the regulation and adoptions and ETF will soon coming. LTC looks worth to hold right now.
Not much to talk right now as another blue chips are more likely to experience the same. Just look at the Ethereum.
With the support area around 0.00886 - 0.00771 is my first accumulation zone and then next entry will be in at 0.00634 - 0.00650.
The current level leaving a room for 2.26x from ATH and -0.63 from ATL. Expecting those two level to hold as we're getting better towards the regulation and adoptions and ETF will soon coming. LTC looks worth to hold right now.
Note
Chart sooooo flat these days... a closer look
I bet that LTC is great R:R at the moment but still can't denied it move along with BTC price. So I consider to add more if go below $40. It will never go below $30. Mass adoption will coming soon.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.