The recent market growth rekindled the hopes of Litecoin [LTC] buyers over the last month. But the $62-$64 range has been shunning the bullish efforts while preventing a swift buying rally. As a result, the altcoin quickly dropped below the EMA ribbons to project strong selling momentum. Furthermore, the recent bearish engulfing candlestick reflected a […]
![Litecoin’s [LTC] near-term trajectory could depend on this factor](https://images.cryptocompare.com/news/default/ambcrypto.png "Litecoin’s [LTC] near-term trajectory could depend on this factor")
