Litecoin [LTC] drops beneath range lows, could $50 be next

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer.

Litecoin was on a downtrend leading into May, and in mid-May, it formed a range between the $60 and $74 levels. At press time, the price appeared set to drop further after closing a session beneath $60.

USDT dominance stood at 6%, at the time of writing, and has oscillated between the 5.84% and 6.5% levels over the past…


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