Litecoin price started a fresh decline from the $80 resistance against the US Dollar. LTC is struggling and remains at a risk of more losses towards the $55 support.
- Litecoin started a fresh decline from the $85 resistance against the US Dollar.
- The price is now trading below $70 and the 100 simple moving average (4-hours).
- There was a break below a key contracting triangle with support near $75.00 on the 4-hours chart of the LTC/USD pair (data feed from Kraken).
- The price could continue…
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