Lowe's BLOCK litecoin LTC

Litecoin falls beneath a bullish order block, could $40 be next target

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ambcrypto.com

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer.Just a week ago, Litecoin [LTC] rallied to the $61 level but faced rejection there.

This was a bearish development, especially for long-term investors. The market structure continued to remain bearish, and the psychological $50 level has been defended in the past few days.

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