Litecoin positioned to create new 2021 lows as LTC faces a 50% drop

  • Litecoin price falls and holds below the 2021 Volume Point Of Control.
  • Zero support with the Ichimoku Kinko Hyo system exists.
  • Significant downside movement ahead if buyers fail to support Litecoin.

Litecoin price faces a bearish trading environment across two of its primary Ichimoku charts. Furthermore, a total lack of support indicates that Litecoin has little preventing a lower freefall.

Litecoin price faces capitulation conditions as bears wait to pile in on…

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