- LTC unable to overcome a key resistance in the short term chart.
- The long-term chart also faces a similar fate.
Litecoin the crypt returns after hitting a key resistance line on the short-term chart, even if it does the same on the long-term chart, indicating that the bulls must fight a long battle to bring back their old times.
LTC / USD is down 0.14% per day to $ 51.79, less than half a percent of the day. On the 240-minute LTC chart, it fell from the two high days exactly from the downtrend line that did not allow us to cross and sustain the past in the recent past.
Although LTC faces a similar fate on the daily chart, it is unable to overcome a long-term downtrend trend line. All of this tells us that LTC still has a long way to go to bring back its long-lost glory.
LTC / USD Chart 240 minutes:
LTC / USD daily chart:
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