- 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…