Litecoin Price Bearish Flag Points to More Downside From Here

Litecoin price (LTCUSD) has been in trouble lately. The digital currency’s price is up by ~10% in the past three months while Bitcoin and Ethereum price have gained by ~20% and ~50%, respectively. In the past month, it has fallen by ~20% while Bitcoin and ETH have dropped by ~8% and ~12%, respectively.

The underperformance of Litecoin has seen it overtaken by newer digital currencies. For one, its market cap of about $3 billion is a far cry from its…

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