Markets· ★★· bearish·

Litecoin falls 3% to $51.17 after CLARITY Act fails

  • LTC fell 3.03% to $51.17, day's low $50.26
  • 200-day SMA at $50.35 remains key support, 1.6% from price
  • Volume $245.3 mln, 13.8% below 30-day average
  • RSI 49.3 — neutral zone, MACD confirms short-term bearish momentum
Why it matters: The 200-day SMA will determine whether the drop is a pause in the monthly gain (+15.58%) or the start of a deeper correction.
Source: DiarioBitcoin