Markets· ★★· bearish·

LIT Falls 4.14% to $3.45, Trading Below Short-Term Averages

  • —Price of $3.45 is below the 5, 10, 20, 30 and 50-day SMAs
  • —Weekly decline 13.07%, monthly decline 17.53%
  • —Volume of $79.82 million is 15.76% below the 30-day average
  • —RSI at 41.9 with bearish MACD; support at $3.23–3.32
Why it matters: Trading below all short-term averages on weak volume leaves LIT exposed to further downside toward $3.23 unless it reclaims $3.64.
#LIT
Source: DiarioBitcoin
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