Monday, December 5, 2022

Litecoin Price Analysis | Breakout or Breakdown Ahead?


Here is our updated Litecoin price analysis for November 2021! Litecoin has dropped over 10% in a large selloff over the last 24 hours. But does the Litecoin November forecast entail any chance of recovery soon? Let’s find out!

The Litecoin price analysis is currently demonstrating the approach to a critical support zone between $210 and $230. With that said, if a bounce back does occur, it would set the Litecoin price target to the resistance levels of $262 and $298.

On the flipside, if the bulls waver and surrender control to the bears, the Litecoin November outlook entails a possible drop back down to the $200and $181 support levels.

Stay tuned for our full Litecoin November 2021 forecast and find out where the cryptocurrency is likely to be headed over the next few weeks. And if you have your own Litecoin price prediction, please let us know in the comments!

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00:00 Intro
01:43 Market sentiment
02:32 Support and resistance
03:33 Is Litecoin buy the dip opportunity?
05:24 Technical analysis
11:14 Recap



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