$Litecoin Dumps 60%, Then Rebounds 75%! What’s Next?

[Arman Shaban]

Re: $Litecoin’s 30% Rise Marks the Start of a Bigger Move!

By analyzing the #Litecoin (LTC) chart on the weekly (logarithmic) timeframe, we can see that after the previous analysis, the price experienced a sharp dump of over 60%, dropping all the way to $52.
Once it reached this key demand zone, strong buying pressure emerged, pushing the price up by 75% to $93.3.
As you can see, this massive drop has left behind a large liquidity gap, which the market will likely attempt to fill soon.
The next potential bullish targets are $100, $114, and $120.