Markets· ★★· bearish·

LIT Falls 5.09% to $3.05 on Volume 57% Below Average

  • —Daily decline of 5.09% to $3.05, down 36.51% over 30 days
  • —Volume of $38.78 million is 57.23% below the 30-day average
  • —RSI at 38.1 and bearish MACD; price below SMA-5, SMA-7 and SMA-10
  • —Market cap around $763 million with no clear catalyst identified
Why it matters: The drop on thin volume and no clear catalyst points to weak liquidity, so holders should wait for confirmation of a reversal.
#LIT
Source: DiarioBitcoin
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