LIT drops 10.08% on October 15, adding pressure on buyers
- —LIT trades at $3.06, down 10.08% on the day
- —Price is below SMA-7, SMA-30 and SMA-50, MACD bearish
- —Volume of $74.44M is 21.32% below the 30-day average
- —RSI at 37.3, stochastic at 11.2%, annualized volatility 132.5%
Why it matters: LIT still holds above its SMA-200 at $2.27, but weak volume and bearish indicators offer no reversal signal.
Source: DiarioBitcoin