Litecoin May Resume its Bearish Momentum
Litecoin prices edged up on July 26 approaching the important resistance of the downward channel at 114.90 that was recorded on July 3. The bearish trend is seen intact. This may result in the new downside price impulse. It is worth to consider short trades from 91.15-93.40 with a target at 80.45, the lows of June 28. Stop-loss could be placed above 96.40, the high of the last week.
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