LTC breakdown is just getting started, targets $150

  • Litecoin’s recent rejection from highs close to $250 leads to a break down as far as $180.
  • Recovery seems a farfetched idea, particularly with the weak support levels.
  • The MACD adds weight to the bearish narrative as losses linger towards $150.
  • Holding above $180 could see LTC abandon the bearish narrative and resume the uptrend.

Litecoin recently abandoned the journey to all-time highs following a barrier slightly under $250. The correction has proved…


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