LTC Due for Backtesting--Heavy Resistance Ahead
LTC faces heavy resistance ahead with the confluence of the 26-week (6-month) EMA and several tentative trendlines. With the price now testing levels it has not seen since November, LTC may trend more sideways here--with a more definitive test of the 12-week (3-month) EMA also likely in the cards before any further upwards extension.
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