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Litecoin can’t bear the descending triangle; hopes to sustain itself within channel

Litecoin can’t bear the descending triangle; hopes to sustain itself within channel – AMBCrypto

Litecoin, hours after breaking into its infamous Death Cross, has doubled down on its bearish claims. The fifth largest cryptocurrency in the world was going though a slump, well before its August halving. Trading at below $65 at press time, the coin’s lowest price point since the beginning of April, Litecoin’s tag as one of the biggest gainers in 2019 has been wiped clean.