Litecoin drops 4.76% to $66.29 on below-average volume
- —LTC at $66.29, down 4.76% on the day within a $65.85–$67.91 range
- —Volume of $320 million is 21.39% below the 30-day average
- —Price is below the 7-day SMA of $69.04 but above the 30-day SMA of $61.95 and 200-day SMA of $51.44
- —30-day return stands at 19.94%, 90-day at 49.33%
Why it matters: Short-term weakness within an intact medium-term uptrend; watch $67.36–67.92 as resistance and $61.95 as key support.
Source: DiarioBitcoin