Markets· ★★· bearish·

Litecoin falls 3.96% to $58.76, tests key support

  • —LTC trades at $58.76, down 3.96% on the day
  • —Daily volume of $255.9M is 33.17% below the 30-day average
  • —RSI at 41.3 and bearish MACD, but not oversold
  • —Key supports at $58.62, $54.64 and $52.00
Why it matters: The drop on thin volume and no catalyst signals weak demand; losing $58.62 would open the way toward $54.64.
#LTC
Source: DiarioBitcoin
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