Litecoin breaks above 50 moving average resistance for the first time in months. In this LTC price recap, we discuss what Litecoin needs to do to continue bullish momentum.

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Crypto Capital Venture is big on tracking bitcoin and litecoin market in particular. The general premise of technical analysis videos on Crypto Capital Venture is that although Bitcoin price and Litecoin price move very in a very volatile way, there is much opportunity in being prepared for upside and downside. We also cover Bitcoin news on this channel as it comes out.

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21 COMMENTS

  1. Ok Dan to me it looks like the 50 moving avg is just following whatever litecoin is doing and what’s controlling litecoin is people buying and selling all over the world at different times and at different amounts. What ever events are going on, or certain people are just gaining knowledge of crypto or whatever reason they decide to buy or sell. So my question to you is what comes first the 50 moving avg or litecoin?

  2. Dan, I remember when you were saying LTC could go to low 60's.

    I had felt the same way at the time and sold a decent amount of Litecoin around $135.

    Anyways, not every trade is successful, but after being in the space for a few years, I finally feel like it's making sense (TA)!

    Anyways, thank you for always producing great content.

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