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Litecoin (LTC) Forms Symmetrical Triangle, Will Bulls Breakthrough?

source-logo  coingape.com 01 September 2021 10:36, UTC
  • LTC price has fallen over 8% the last week
  • LTC Price has formed a symmetrical triangle
  • 200MA is acting as support

Litecoin (LTC) price has been a laggard over the last month as it has still failed to regain the consolidation zone of late May / early June. LTC has revived nearly 22% of its entire downtrend from its high of $415 in May. Considering the total crypto market cap has revived nearly 65% of its entire downtrend, we can say LTC is severely lacking behind.

coingape.com