Litecoin adoption bolsters with Visa as LTC dip triggers a 20% rally

  • Litecoin price is likely to rally 20% after a dip into the $210 to $233 demand zone.
  • LTC can be used anywhere Visa is used, according to a recent announcement.
  • A lower low below $210 will invalidate the bullish thesis.

Litecoin price has seen a sharp decline over the past day and might continue to drop more before it sees an uptick in buying pressure. Investors can expect LTC to bounce off a crucial demand zone to restart an upswing.

Visa and LTC payments

Litecoin adoption seems to be taking a massive leap as the official Twitter account of the cryptocurrency revealed that ‘Litecoin Card’ can be used to convert LTC to fiat at the time of payment.

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