45.2K Wallet liquidation, Litecoin rebound
This is a U.S. news story, published by CoinGape, that relates primarily to LTC news.
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Litecoin priceCoinGape
•Why Litecoin Price May Crash to Sub $50 Levels?
62% Informative
Litecoin price jumped 1% to $ 63.7 during U.S. trading on Tuesday despite a general pullback in the crypto market.
The sudden liquidation of 45.2 K wallets suggests smaller investors are exiting, which could pave the way for long-term investors and a potential recovery.
A downsloping trendline drives a current correction trend in LTC .
The LTC price has traded sideways for nearly two weeks , wavering around $65 level.
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