Markets· ★★· bearish·

LTC drops 4.77% to $59.02 on weak volume

  • —LTC trades at $59.02, down 4.77% on the day
  • —Price sits below the $61.24 VWAP and $59.18 SMA-50
  • —Volume of $251.18 million is 38.17% below the 30-day average
  • —RSI at 38.6 and stochastic at 2.1% point to oversold conditions
Why it matters: LTC's weakness mirrors broader altcoin pressure; holding $58.73 will determine the next move.
Source: DiarioBitcoin