Litecoin drops 5.25% to $63.92 on above-average volume
- —Price at $63.92 versus $67.48 open — a 5.25% drop, but just 0.73% below the previous close
- —Volume of $451.50 million is 12.26% above the 30-day average of $402.18 million
- —RSI at 49.9 and stochastic at 20.1 signal neutral momentum with near-term selling pressure
- —Price sits below SMA-7 and SMA-15 but above SMA-30, SMA-50 and SMA-200
Why it matters: No structural breakdown yet: LTC holds above long-term averages, but weak momentum and elevated volume warrant caution until resistance is reclaimed.
Source: DiarioBitcoin