![Litecoin [LTC] retests support after bearish cycle: Will bulls emerge victorious?](https://insights.cryptobasemarket.com/wp-content/uploads/2023/02/ltc-michael-1-269257.jpg)
Litecoin’s [LTC] price action was moving in an overall ascending pattern in the last few months. More specifically, its price was restricted within a support and resistance channel since November 2022.
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