Litecoin: Price Analysis, April 04



Litecoin bounced close to the trendline where it faced selling, as we had anticipated. Currently, prices have given back all the gains of April 03.


If the bulls fail to defend the critical support zone of $114.706 to $107.102, the LTC/USD pair can slide to the next lower level of $84.708.

We shall wait for a bottom formation before suggesting any trade on it.

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