Litecoin (LTC) Bear Trend Could Be Just Getting Started

2018-7-3 22:30

Litecoin (LTC) has been a victim of an aggressive crypto correction recently. Apparently, much of this has to do with Litecoin (LTC)’s weak fundamentals and fading interest in the cryptocurrency.

The price currently shows a strong bear trend on the daily chart with a bearish EMA alignment. Litecoin (LTC) is also high up in a bullish trading channel and has yet to retest the bottom of the bearish channel.

As many of you are aware, Charlie Lee, the founder of Litecoin (LTC) has recently distanced himself from the coin.

Continue reading Litecoin (LTC) Bear Trend Could Be Just Getting Started at Crypto Daily™.

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Litecoin (LTC) на Currencies.ru

$ 78.71 (-0.18%)
Объем 24H $371.407m
Изменеия 24h: -1.52 %, 7d: -1.58 %
Cегодня L: $78.48 - H: $79.44
Капитализация $5.866b Rank 19
Цена в час новости $ 85.0879 (-7.5%)

litecoin ltc trend bear channel recently daily

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Litecoin (LTC) has been on a downward trend over the past week, with prices dropping around 4% over the last 7 days. LTC is currently trading around $62, down from highs of $65 last week. According to leading crypto analytics firm altFINS, the technical outlook remains bearish for Litecoin in the short to medium term.

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Фото:

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