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2019-07-15 14:00:48

Litecoin price data analysis 15 July 2019; Sellers dominate the market still

Litecoin’s performance has been relatively week for the past couple of weeks as sellers continue to dominate the market and bring the coin down even further. The support level at $92 has already been broken and now it seems the coin is heading towards yet another serious downtrend below $72 in the short term. Judging by the fact that the downtrend has continued for quite some time now, it’s not guaranteed that LTC could recover before the halving, or that the halving could actually do anything to it. LTC chart by Trading View Charlie Lee, the CEO of the Litecoin