Litecoin was not spared during Wednesday’s sharp drop. Its price fell 14%, from 51 to 44$. Below we are going to offer an analysis of what might happen in the following months. A look at the weekly chart shows us that the price has been facing resistance from the 9-day SMA (Simple Moving Average) since […]Litecoin [LTC] Price Analysis – Identifying the Most Likely Reversal Area, Possible Bear Trap? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
![Litecoin [LTC] Price Analysis – Identifying the Most Likely Reversal Area, Possible Bear Trap?](https://images.cryptocompare.com/news/blokt/bE000000000.jpeg "Litecoin [LTC] Price Analysis – Identifying the Most Likely Reversal Area, Possible Bear Trap?")
