2024-06-11 02:34:23

Litecoin Faces Major Resistance Ahead: $534 Million Supply Wall Could Hinder LTC Recovery

On-chain data indicates potential challenges ahead for Litecoin’s price recovery due to a significant resistance level. Many Litecoin investors purchased their holdings at price levels just above the current market price, highlighting a potential supply wall. A large number of addresses acquired Litecoin in the $81.64 to $83.88 range, with substantial implications for future price

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