Target litecoin Beyond LTC

Litecoin [LTC] buyers can deploy this strategy to remain profitable

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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.Bitcoin’s growth over the last month has expedited bullish recovery efforts in the crypto-market.

The spillover effects of this growth in the altcoin market were quite evident, especially with double-digit monthly gains.As a result, Litecoin [LTC] buyers found renewed pressure that encouraged its recovery beyond the 20 EMA (red) and the 50 EMA (cyan).A potential close above the immediate ceiling could heighten the chances of an extended upside in the coming times.

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