Litecoin remains in a bearish posture from a macro perspective following yet another gruelling lower high following last month’s 75% correction.
Litecoin is now the 12th largest cryptocurrency with a market cap of $11.2 billion. It has now formed three consecutive lower highs at $206, $195 and $180, indicating that investors are losing interest in the asset.
Trade volume has also dropped off significantly, with it recording just $2 billion of the past 24-hours compared to last month when it…
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