A rising wedge pattern governs the ongoing recovery in the LTC/USDT pair. Following this pattern, altcoin surged 63% and formed a local top at the $64.5 mark. However, the very nature of this pattern is to resume the prevailing downtrend once the price breaches its rising support trendline. Key points from LTC analysis: The LTC The post Why Litecoin (LTC) Could Witness A 24% Drop, and Can It Be avoided? appeared first on CoinGape.
