Jun 30, 2018
“Litecoin Isn’t Decoupling From BTC As it Edges Towards $50”: Litecoin (LTC) Technical Analysis
“Litecoin Isn’t Decoupling From BTC As it Edges Towards $50”: Litecoin (LTC) Technical Analysis
While fundamentals are supportive of Litecoin, the mere fact that Bitcoin is on a slide, adding on to their losses means there is more room for LTC downsides. The effect is can’t be clearer, so far it’s down six percent in the last 24 hours and likely to break below $70, our first bear target. For buyers to take charge, then we need to see bulls pushing prices above $110.
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