Markets· ★★· bearish·

Litecoin drops 7.32% to $62.53, tests key SMA-30 support

  • —LTC fell 7.32% to $62.53 from an open of $67.48
  • —Price sits just above the 30-day SMA at $62.25
  • —Daily volume of $412.57M is 2.59% above the 30-day average
  • —MACD bearish, RSI at 46.6, stochastic at 5%
Why it matters: Holding the SMA-30 will decide whether the selloff extends or a tactical bounce toward $64–65 follows.
Source: DiarioBitcoin