Litecoin (CRYPTO:LTC) is buying and selling greater Monday however the rally could finish quickly. It is getting near a resistance stage.
Resistance is a big focus of sellers gathered on the similar worth. At resistance ranges, there may be extra provide than demand. That’s why rallies finish after they attain them.
On April 16, LTC hit resistance on the $310 stage and a sell-off adopted. If LTC will get to $310 once more, there’s probability it runs right into a wall of sellers as soon as extra. This might put a halt to the rally.
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