Litecoin price at risk of a 30%
LTCUSDT price has declined by 19% in the last 18 days, but it has shown a positive 31% performance this year. Notably, most gains occurred between June 29 and July 2, with a 34% rally pushing the price to a 14-month high of $115.
However, there’s an alarming statistic coming from the derivatives market that indicates a sharp correction is likely underway.
Looking at the chart Litecoin rejected the 115 support/supply zone with a reversal pattern.
So We may be seeing Litecoin trading bearish to around $65💯📉
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