LTC is at risk of a massive sell-off if it fails to clear $130

  • Litecoin retreated from the recent high after a strong rally.
  • The price may extend the decline if it fails to clear $130.

Litecoin (LTC) topped at $139.3 on December 27, and the bulls hit the pause button. At the time of writing, the token is changing hands at $128, down 4% on a day-to-day basis. Despite the retreat, it is still 25% higher on a weekly basis. Litecoin is highly correlated with Bitcoin. So the see-off of the pioneer digital currency from the all-time…


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