Litecoin is one of the oldest coins in the crypto space and yet it is one of the most struggling coins. While most of the altcoins marked new all-time highs during this bull run, Litecoin once again failed to do so. So, can the awaited moment occur anytime soon?
The $200 resistance has been a huge problem for the altcoin for almost 6 months now.
Ever since the drop from its May all-time high, it has been struggling to breach through it. Despite a successful breakthrough at the beginning of September, when the $232 local top was created, LTC went back under.
Then it finally closed above the said level yesterday. And even though it rose by a solid 43.14% this month, it was still 48.04% below a new ATH. However, from here on whether or not it
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