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25.11 - 23:57
Litecoin, Tron, MATIC Price Analysis: 12 November
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The broader crypto market did not perform well in the last 24 hours. Accordingly, altcoins like Litecoin, Tron, and MATIC declined over the past day after hitting their respective milestones.
Furthermore, near-term indicators for all these cryptos pointed at decreasing bullish influence.
Litecoin (LTC)
Source: TradingView, LTC/USDT
LTC steadily rose by oscillating between ascending lines over the past seven weeks. This rally fetched an 82.2% ROI over the past 44 days for the digital currency. The buyers visibly gained accelerated momentum over the past week as they breached the $225-mark (support level).
Moreover, while Bitcoin surged to its ATH on 10 November, LTC encountered its 25-week high on the same day at $295.7. At press time, LTC
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