
Litecoin falls 2.54% to $61.84, tests support levels
- —Price at $61.84, below the $63.51 open and $65.30 prior close
- —Volume of $312.49M is 21.89% below the 30-day average
- —MACD is bearish, RSI at 44.7, stochastic at 17
- —Price holds above SMA-50 at $58.78, SMA-90 at $53.08 and SMA-200 at $51.66
Why it matters: LTC remains above its long-term averages, but weak volume and a bearish MACD point to a risk of further decline toward $58.78.
Source: DiarioBitcoin