- Litecoin price started a steady decline from the $125 resistance zone against the US Dollar.
- LTC price even declined below the $100.00 level and spiked below the 55 simple moving average (4-hours).
- There is a major declining channel forming with resistance near $108.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).
- The pair is likely to find a strong buying interest near the $92.40 and $90.00 levels.
Litecoin price is slowly moving lower from well above $110.00 against the…
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