- 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.
Litecoin is accepted anywhere VISA is.. the #Litecoin Card converts $LTC at the time of purchase. You can also connect the card with the @Litewallet_App #PaywithLitecoin #Hodl #SundayThoughtshttps://t.co/rOzz9zoXRD pic.twitter.com/AR4wXqCPg6
— Litecoin (@litecoin) November 14, 2021