LTC long-term trend under pressure

  • Litecoin price set to close the week below the 10-week simple moving average (SMA) for the first time since October 2020.
  • Bearish momentum divergence at the February high was a caution flag for traders.
  • LTC popularity on Google fading despite trading near the rally highs. 

Litecoin (LTC) price has been in a furious tug-of-war with the 0.50 retracement level of the 2017-2018 bear market throughout February and March. It was a warning that LTC needed to notably correct,…


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