In Brief Litecoin’s price on the 4-hour chart is forming a rising wedge, suggesting a drawdown could result in an 8% drop. LTC whales have been making no significant move in the past few days and don’t appear likely either. Retail participation, too, has taken a hit, with active addresses falling to a six-month low.…
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In Brief Litecoin’s (LTC) price has traded without volatility for the past two months but bounced last week. The weekly and daily time frame readings are both bullish, supporting the continuing of the increase. Despite the bullish LTC price prediction, failure to break out from the triangle can catalyze a decrease. The Litecoin (LTC) price…
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In Brief Litecoin (LTC) price is down 20% from the recent peak on July 3 as the ‘halving doom’ rears its head again . With the halving event just 1-week away, Litecoin sell-orders across exchanges have now outpaced market demand by a significant margin. Spikes in LTC Age Consumed signals that long-term holders are starting…
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