It has been an exciting week for bitcoin. Prices topped out at $272.96 then fell over $16 dollars in a major retracement. Meanwhile little brother Litecoin failed to follow bitcoin and rally as well.
Litecoin Fails to Rally
Alternative cryptocurrency Litecoin didn’t follow big brother in the latest up-move. The advance by the bulls got rejected right in that $3.12-$3.18 resistance area marked on the chart below. Prices only traded as high as $3.1510 last week before being pushed back below the $3 dollars handle.
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