LTC could drop lower, but overall structure remains bullish

  • Litecoin price shows an increase in short-term bearish momentum that has led to a 4% decline.
  • A breakdown of the immediate demand zone extending from $352.16 to $365.26 will result in a 7% drop.
  • Investors can expect buyers to scoop up LTC at a discount, catapulting it upward by 25% to $413.

Litecoin price shows a bearish bias that could result in a sell-off to a pivotal support barrier. A bounce from this level seems likely to push LTC to retest its recent swing…


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