Litecoin Trading LTC/BTC Technical Analysis, Oct 21

22 October 2014, 03:05
TipMyPip
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Litecoin (LTC) has struggled to keep pace with Bitcoin’s (BTC) recent recovery, stalling at below $4.00.

The effects are reflected in the LTC/BTC pair, which is now struggling to keep above 0.01.

After rallying and trying, unsuccessfully, to break the 0.012 resistance level on several occasions, the pair appears to be getting pulled back by a rubber band-like effect.

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