Amidst the current market rally, LTC appears to be the underdog, struggling to find its footing. Despite early promise last month, LTC, much like DOT and EOS, seems to lag behind in establishing a robust upward trajectory.
The challenge for LTC lies in breaching the stronghold at 76, a hurdle that has proven elusive. As DOT and EOS gear up for their ascent, LTC seems distant from catching up.
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Analyzing the landscape, a pattern of significant highs and lows is evident, fluctuating within the range of 67-71, with intermittent wave adjustments. For spot traders eyeing this range, the absence of an immediate stop-loss consideration is notable. Conversely, for contract traders, a strategic entry suggests setting a stop loss at 64.
In a whimsical twist, one might jokingly ask, can LTC's inscription be engraved in the crypto annals?