The Litecoin price recovery from last week’s crash is looking vulnerable, and the failure to reclaim $200 may be setting LTC up for a fall. Unlike many altcoins that have roared higher, Litecoin (LTC/USD) takes its lead from Bitcoin (BTC/USD). And unfortunately for the bulls, BTC is giving it back and is in danger of breaking down.
As I warned last week, violent selloffs are often followed by a bounce. Furthermore, that bounce often sucks in buyers, which…
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