Peace Steemians,
I hope you are doing well on the current month of December. The check on the LTC against BTC shows a possible coming uptrend on the LTC prices.
The drop of value during this bear market has kept the price so far down when the locate the position of the red line.
On the daily chart we have clear confirmation of previous rise of price at the current level of the LTC values. However, the volume on the market is not going to provoke a bull run as the uptrend happens with in this week.
The market volatility must be taken into consideration in all our analyses. The external factors also play a significant role in the change of trend on all the cryptocurrencies chart.
Disclaimer
My personal opinions are shared in this article. Therefore, I invite our readers to conduct detailed individual researches on the topic before taking any actions.
Thanks for stopping by my blog
Feel free to share your point of view in the comment section.
Warm regards
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