1
Litecoin price has shown bearishness in the last trading sessions.
2
Buyers have begun to lose gains.
Litecoin price faced severe selling pressure and showed a breakdown of the trendline near $80, declining further, LTC is now hovering near the support of $65. Moreover, the LTC price has now made a double bottom pattern and is trying to surpass the 20-day EMA to recover the gains and look for a reversal.
However, bulls must strain their muscles and require robust momentum to beat the mighty bears and initiate a reversal in the following sessions. LTC price tried to surpass the cluster of $100 but faced rejection multiple times, and the mighty bears aggressively pushed LTC toward the origin and made short buildups, resulting in slippage of the price below the support region of $80 in the past sessions.
Litecoin (LTC) price is at a make-or-break zone. If the price sustains above $60 and there is follow-on buying, it will absorb the selloff – LTC will
We współpracy z: https://www.thecoinrepublic.com/2023/09/17/litecoin-price-prediction-ltc-in-dilemma-bounce-or-selloff/
