LTC broke out of a channel to a new descending wedge after dropping below $61 price levels earlier today. The price rejection at $66 price levels has made Litecoin stay under a bearish pressure since the weekly opening. Litecoin may gain bullish momentum if the price can reclaim $61, which appeared to be a critical...

The post Litecoin Correction Causes Serious Bearish Action, Why Further Pullback is Likely appeared first on NewsBTC.

Litecoin (COIN:LTCUSD)
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