As the Litecoin halving event approaches traders are keeping a close eye on the altcoin’s price action within a narrowing symmetrical triangle. Litecoin-USD 4-HR Chart Since dropping from its rising channel on June 26th Litecoin has mirrored Bitcoin’s volatility and is currently consolidating on the 4-hour and daily time frame. The altcoin recovered nicely from its swing low near $111 and after topping out at $127.83 on July 4th LTC’s price is tightening within aRead MoreThe post Litecoin Price Analysis: LTC Tightens Up as Halving Approaches appeared first on Bitcoinist.com.
