LTC/USD traded lower today, breaking below the 64.35 barrier, marked by the lows of May 16th and 19th. The crypto has been oscillating between that barrier and the 74.10 zone since May 13th, but in the bigger picture, all this was happening below the downside line taken from the high of March 30th. Thus, the break below the lower end of the short-term range, combined with the intact downside line, paints a negative short-term picture.
In our view, the dip below 64.35…
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