This Bitcoin Offshoot Could Turn Bullish Again Despite Continued Losses, Says Analytics Firm: 'Small Fish Impatiently Jumping Ship Is Often A Turnaround Sign'
Portfolio Pulse from Aniket Verma
Litecoin (LTC) has seen a 36% decline from its April peak, but Santiment suggests a potential bullish turnaround as small traders exit. Despite its advantages, Litecoin's market value hasn't significantly improved, contrasting with Bitcoin's 48% surge.
August 27, 2024 | 9:36 am
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Litecoin has experienced a 36% decline from its April peak, but Santiment suggests a potential bullish turnaround as small traders exit. Despite its advantages, Litecoin's market value hasn't significantly improved.
The exit of small traders is often seen as a bullish sign, indicating a potential price recovery. Santiment's analysis supports this view, suggesting that Litecoin could be on the verge of a turnaround.
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