Home UncategorizedLitecoin (LTC) Returns to Multi-Cycle Lows as New Demand Emerges

Litecoin (LTC) Returns to Multi-Cycle Lows as New Demand Emerges

by Vivek Kumar
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The Ratio of Payments on CoinGate by Altcoin. Source: Coingate

Litecoin (LTC) has dropped nearly 60% from last year’s peak and has returned to the lows seen in previous market cycles. Despite remaining one of the more liquid altcoins, LTC has struggled to overcome the market’s increasingly negative pressure.

However, several signals suggest that demand for LTC is still present. This may not lead to an immediate price rebound, but it provides support for Litecoin to endure and wait for a recovery opportunity.

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Emerging LTC Demand Despite…

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