Скачать или смотреть Litecoin (LTCUSD) Analysis: Halving Event - ETF News! - November 13, 2024

Welcome to 'Explain The Charts'! Today, November 13th, 2024, we're diving deep into the Litecoin (LTCUSD) market. Litecoin's price is seeing some interesting movement, and we're going to break down the news and chart data to try and figure out where it's headed. Firstly, let's discuss the recent news. We've got the Litecoin halving event expected on Wednesday, which historically has been a positive catalyst for price action. Additionally, there's news surrounding a spot Litecoin ETF application by Canary Capital, which could potentially add fuel to the fire. The current bull rally in the crypto market, with Bitcoin reaching a multi-month high, is also contributing to the uptick in LTC's price. So, it's safe to say that the news is looking bullish for Litecoin, but the charts tell the real story, so let's switch over and take a look!

The charts shown are provided by TradingView.
This video is for educational purposes only. It is not financial advice. Please do your own research before making any investment decisions.