Litecoin [LTC/USD] Technical Analysis: Cryptocurrency hits yearly low support price

in #litecoin6 years ago

he cryptocurrency market yesterday, 11th October, shattered the community’s hopes with the price dropping at an unprecedented rate. Popular cryptocurrencies like Bitcoin [BTC], Bitcoin Cash [BCH] and Litecoin [LTC] all witnessed the attack of the bear with the respective charts reflecting the same.

The analysis shows a clear picture of the massive market crash that made investors and enthusiasts sit up and take notice of the cryptocurrency market which was showing a sideways movement until the drop.

Litecoin:

Litecoin [LTC] was one of the popular cryptocurrencies which suffered the brunt of the bear after a stable sideways movement over the past seven days. The trend lines clearly indicate the sharp fall in the price that occurred yesterday.
https://ambcrypto.com/litecoin-ltc-usd-technical-analysis-cryptocurrency-hits-yearly-low-support-value/
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