Crypto markets have continued with their consolidation, waiting for Bitcoin to make a move. There are very few crypto assets doing anything today, but Litecoin is one of them, lifted further as the halving approaches.
60 Days To Litecoin Halving
In the past few hours Litecoin has started to move upwards again. From $102 a few hours ago LTC surged to an intraday high of $113 marking a jump of almost 11 percent. Daily volume has climbed over $5 billion pushing market cap up to $7 billion.
Litecoin has recovered almost all of its losses over the past week whereas big brother Bitcoin is down almost 7 percent over the same period. Crypto trader going by the handle ‘CryptoFibonacci’ has been eyeing the LTC charts for some time predicting that it will continue to rise;
“Said last night that I liked the price action. I still like it. Expecting another retest of 122-124 area fairly soon, IMO.”
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