. Yet the dip below $100 raised concerns that sellers were beginning to seize the initiative. The $90-$92 region could be vital in determining whether the bulls or the bears win this battle.Source: LTC/USDT on TradingView
The OBV was in an uptrend, and alongside it, the CMF also showed capital flow into the market. Together the volume indicators showed that demand was still present behind Litecoin. Yet, the bearish order block it formed on 18 April was not defended as a support zone upon a retest.
Source: News Formal (newsformal.com)
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