Litecoin Price Winning Streak May Break $65 Barrier, But There’s A Catch.

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In addition, the rising channel patterns themselves tend to resume prevailing downtrends. As a result, the LTC price is poised to breach this support trendline, which could intensify the bearish trend. 

June 29, 2020

Technical indicator EMAs: the 20-and-50-day EMA moving sideways accentuates the prior bear trend is fading. Moreover, a crossover between these slopes gives an additional boost for $65 resistance.