Recently, LTC price took a sharp rejection from the 200 EMA on the daily time frame after making a double-top pattern. LTC coin saw a bullish surge of 25% after gaining support from bulls near $75.00 around early May.
Previously, the price was unable to reach above its target of $100 even after gaining aggressive support from the buyers.
Presently, it is trading just above 200 EMA with a decline of 12% after making a double top pattern. The current …
Source: https://www.thecoinrepublic.com/2023/06/08/ltc-price-analysis-will-ltc-price-observe-a-decline-in-value/