RE: Is LTC going to errupt out of its triangle consolidation and shoot up in price soon?

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Is LTC going to errupt out of its triangle consolidation and shoot up in price soon?

in cryptocurrency •  7 years ago 

Not yet, the recent 400%+ gains in the past 6 weeks will take some time further to consolidate. Expect some range-bound trading. Note how the gain in the past hour, as impressive as it might look, is within the descending triangle, ie it is continuing to correct.

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