The Litecoin (LTC) price has been decreasing since it reached a high of $185 on Jan. 10.
The short and long-term time-frames suggest that LTC is still correcting, having not yet reached a low.
Litecoin Drops After Rejection
LTC has been moving downward since Jan. 10, when it reached a high of $185. LTC dropped sharply the following day but gradually moved upwards before another drop on Jan. 21.
Technical indicators are decisively bearish since the MACD has crossed into…
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