Litecoin Price Prediction: The beginning of the end – FXStreet

• Litecoin price hovers above two descending channels.
• A closing candle below $50 could begin the start of a fatal drop toward $10.
• Invalidation of the bearish thesis remains a breach above.

Litecoin price continues to display bearish signals. Key levels have been identified.

Litecoin price likely to fall

Litecoin price shows concerning price action during the final trading weekend in August. Earlier this month, a midterm thesis was issued noting the strong possibility of a grand super…