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Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Litecoin Forum => Topic started by: MRM on September 11, 2020, 03:00:29 PM

Title: Litecoin Possesses Strong Buying at Lower Price Levels as Underlying Strength Gr
Post by: MRM on September 11, 2020, 03:00:29 PM

Litecoin is range-bound after it dropped to $44 low. The price movement has been confined between $45 and $50.

Today, the crypto is trading in the bearish trend zone which makes it vulnerable to fall. The focus of sellers is to break the current support at $45 to resume the downtrend. Buyers will attempt to push LTC above the $52 high to regain the previous support and resume the uptrend. Sellers currently face strong rejection at the current support level.
Source: https://coinidol.com/litecoin-strength-grows/