Crypto
Litecoin chart mirrors pre-breakout patterns of XRP and QNT, analyst says
Litecoin is showing a pattern similar to the long-term price structures that XRP and Quant formed before a past bull market, an analysis said. A market research community, Ultimate Crypto, pointed to cases where XRP and QNT surged after breaking out of multi-year symmetric triangle consolidations. The analysis cautioned that Litecoin has not yet broken its long-term downtrend resistance line and that past gains in XRP and QNT cannot be applied directly to Litecoin because of differences in market capitalisation and supply structure.
