Litecoin Price Analysis: LTC swiftly drops below $220, bottom not yet found?

TL;DR Breakdown

  • Litecoin price analysis is bearish today.
  • LTC/USD set further lows overnight.
  • Next support at $210. 

Litecoin price analysis indicates bearish momentum to follow as further downside was reached earlier today. Therefore, LTC/USD has not yet found the bottom, meaning that further downside can be expected.

Cryptocurrency heat map. Source: Coin360

The overall market traded with bearish momentum over the last 24 hours. Bitcoin declined by 1.79 percent, while Ethereum dropped…

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