Here's What Needs to Happen for Litecoin Price to Hit $60 as Bitcoin Wobbles

Bitcoin's monthlong slide has pushed traders to rank which large altcoins would suffer most if the selling deepens. Litecoin has long tracked Bitcoin almost one for one, which once made it look like the calmer choice. That reputation now faces a real test. LTC has slipped under the trend lines that set it apart from Cardano and Dogecoin. Can it climb back toward $60? Only if Bitcoin steadies first and buyers retake lost ground. Bitcoin traded near $77,609 on Nov. 3. That put it about 3.5% above $75,000, a level traders now watch closely.

Source: Crypto Daily