The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
Litecoin moves sideways in the short term. It's located at 69.78 at the time of writing. The altcoin is fighting hard to extend its growth even if the price of Bitcoin dropped in the short term.
Litecoin is up by 0.33% in the last 24 hours and by 2.41% in the last 7 days. Still, it remains to see how it reacts if Bitcoin develops a larger drop in the short term.
As you can see on the H1 chart, the altcoin escaped from the minor down channel and has now passed and stabilized above the 69.38 immediate upside obstacle. It has tested and retested this level and now is struggling to jump higher.
It's trapped between 69.38 and 70.26 levels in the short term. As long as it stays above 69.38, Litecoin could still resume its growth.
Jumping and closing above 70.26 and making a new higher high activates further growth. This could bring new long opportunities.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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