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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