Litecoin Makes Lower Highs and Lower Lows as Bears Threaten to Short
Submitted by Anonymous (not verified) on Tue, 11/30/2021 - 14:20On November 28, Litecoin (LTC) fell to a low of $182 as the bulls bought the dips.
On November 28, Litecoin (LTC) fell to a low of $182 as the bulls bought the dips.
If Bitcoin rises back above $54,000 support, it will have a positive impact on altcoins recovering from the November 26 breakdown.
On November 26, the price of Ripple (XRP) fell to a low of $0.90 as the bulls bought the dips.
Altcoins have fallen off their respective overhead resistance as the market reached overbought regions.
The best performing cryptocurrencies are all trading in bull markets.
Cryptocurrencies failed to continue recent rallies as altcoins fell back to their previous lows.
Ripple (XRP) has been steadily falling as the price drops below the 21-day moving average but holds above the 50-day moving average
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