Litecoin (LTC) Price Prediction: Whales Continue to Dump, Raising Concerns of Market Correction
As bearish signals continue to increase, Litecoin (LTC) is flashing early signs of a potential pullback. Earlier this week, LTC faced resistance at a key resistance level, and as of Wednesday when this article was written, the LTC price was hovering around $84. On-chain data shows that since June 24, a certain "Whale" Wallet has been dumping LTC Tokens, which has intensified the dumping pressure. Additionally, Technical Analysis and negative interest rates suggest that LTC may experience a pullback in the near future.