Litecoin Is in a Tight Range amidst Possible Breakout

coinidol.com31.03.2020 - 15:44

Litecoin is in a tight range as it consolidates between $36 and $40. Litecoin is facing selling pressure after testing the resistance line of the descending channel.

The 12-day EMA is acting as a resistance to Litecoin. Litecoin is in a tight range as the market continues its consolidation.

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