Litecoin Teeters At $50? ETF Drama Keeps LTC On Edge

Canary Capital’s recent Litecoin ETF pitch of the S-1 filing to the The Securities and Exchange Commission (SEC) has planted a seed of optimism among market watchers, but Litecoin (LTC) hasn’t picked up any bullish impulse on the news. https://twitter.com/ali_charts/status/1975764335613128883 On the contrary, market connoisseurs are painting a dim picture for the OG altcoin if LTC’s price doesn’t manage to keep up with the critical resistance. For Ali Martinez, this price ceiling arrives in the $132 - $135 price range, meaning that a downturn to $50 is plausible if LTC's market correction conquers this barrier. No ‘Uptober’ Yet? LTC

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