Litecoin: Price Analysis, April 04

3

LTC/USD

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.




LTC/USD




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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