Valdrin discovered cryptocurrencies while he was getting his MSc in Financial Markets from the Barcelona graduate school of Economics. Shortly after graduating, he began writing for several different cryptocurrency related websites as a freelancer before eventually taking on the role of BeInCrypto's Senior Analyst.
The main resistance & support levels for Litecoin are found at $64 and $49, respectively.
The price is following a short-term descending resistance line that coincides with the minor $56 resistance level.
The price is possibly in the fourth wave of a five-wave Elliott formation, expected to end between $46-$50.
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