Litecoin will remain in this channel

Litecoin (LTC) is trading within a clear and straight channel, consistently hitting equal highs and lows. The current scenario suggests that LTC will remain within this channel for about a month, with potential movement towards the upper boundary. Read our full analysis for detailed insights.

6/20/20241 min read

Litecoin (LTC) price chart displaying a clear and straight channel with equal highs and lows, indica
Litecoin (LTC) price chart displaying a clear and straight channel with equal highs and lows, indica

We have a clear and straight channel for LTC, where it is currently hitting equal highs and lows. The current scenario suggests that Litecoin will remain in this channel for about a month, potentially moving towards the channel's upper boundary.