Litecoin retested four-month support line, and sell pressure showed signs of bearish exhaustion. Whale transactions surged in the last 24 hours. Litecoin’s [LTC] price action was moving in an overall ascending pattern in the last few months. More specifically, its price was restricted within a support and resistance channel since November 2022. Its performance in
![Litecoin [LTC] retests support after bearish cycle: Will bulls emerge victorious?](https://images.cryptocompare.com/news/default/ambcrypto.png "Litecoin [LTC] retests support after bearish cycle: Will bulls emerge victorious?")
