Buying Attempts Failing in Litecoin, As Buying Pressure Diminishes in LTC/USD

Litecoin was quite bullish until the middle of May, but since the crash in the crypto market, it has been looking increasingly bearish. It lost a big part of the value during the crash and while other cryptocurrencies have turned bullish again, Litecoin has stagnated below moving averages.

Litecoin increased to $190 according to my forex broker, but it has been unable to make new highs and in fact, the highs have been getting lower for this crypto during the last two weeks, while Ethereum is…


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