Litecoin (LTC) Risks Further Downside Against Bitcoin (BTC) But Not For Long

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Litecoin (LTC) is at risk of further downside against Bitcoin (BTC) as the price has just run into a strong resistance at the 38.2% fib retracement level. LTC/BTC is now likely to decline to the bottom of the falling wedge but the big picture tells us that we might see further upside from here soon as the price breaks out of the falling wedge. This tell us that we could see a mini altcoin rally towards the end of the year but this does not mean that we are on the cusp of a bull market. All it means is…
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Litecoin (LTC) Risks Further Downside Against Bitcoin (BTC) But Not For Long

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