Litecoin fell by 1.18% on Wednesday. Following a 1.59% decline on Tuesday, Litecoin ended the day at $47.74.
A bearish start to the day saw Litecoin fall to an early morning intraday low $47.00 before finding support.
Litecoin fell through the first major support level at $47.53 before rebounding to a late afternoon intraday high $48.76.
Falling short of the first major resistance level at $49.72, Litecoin fell back to end the day at sub-$48 levels.
At the time of writing, Litecoin was…