On January 14, the Litecoin price broke out above the descending channel it had been trading in since August 14, 2019. Until the price breaks out above its 200-day moving average (MA), we cannot confidently state that it has begun a new upward trend.
Litecoin Price Highlights
The Litecoin price broke out from a long-term descending channel.
There is resistance at ₿0.007 and ₿0
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