has pushed higher to the $23.3k mark in recent hours of trading. The king also has a bullish bias, and until this changes, traders can expect altcoins to perform well.Source: LTC/USDT on TradingView
A pullback from the $90 mark met with support at $81.6. A horizontal level of support at $80.65 was also present below and served to signal the strength of bulls in this region. Since this retest, Litecoin has noted gains of close to 8% at the time of writing.Lower timeframe charts such as the 1-hour showed a bearish market structure. This by itself was not sufficient to suggest a pullback to $85. To the north, the next major resistance lies at $93-$94.
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