LTC/USD - Searching for volume. No results. Try again.
Litecoin has been trying to move higher for the past few days, but with this volume, it may as well go to sleep because it won't move price anywhere.
This is not just a LTC problem, rather most coins including BTC have seen a decrease in volume in the past three months... so I expect April to bring some fireworks as we may get a spike in volume, question is which direction will LTC take when that happens?
For now, I remain bullish on Litecoin and I trust it will do quite well in the nearby future.
At the moment, we're hovering around the $200 resistance line which is holding us down for now and BTC chasing stop losses and liquidating traders today did not help either (see below my BTC idea).
Wait for a break of resistance, then you can aim to ride LTC until $230 and above.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
This is not just a LTC problem, rather most coins including BTC have seen a decrease in volume in the past three months... so I expect April to bring some fireworks as we may get a spike in volume, question is which direction will LTC take when that happens?
For now, I remain bullish on Litecoin and I trust it will do quite well in the nearby future.
At the moment, we're hovering around the $200 resistance line which is holding us down for now and BTC chasing stop losses and liquidating traders today did not help either (see below my BTC idea).
Wait for a break of resistance, then you can aim to ride LTC until $230 and above.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
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