LIT drops 15.32% to $3.13, tests $3.08 support
- —LIT fell 15.32% on the day to $3.13 from an open of $3.70
- —Volume was $59.58 million, 33.39% below the 30-day average
- —Price sits below the 7/15/30/50-day SMAs but above the $2.37 SMA-200
- —RSI at 41.8, MACD improving; nearest support at $3.08
Why it matters: The drop below short-term averages on weak volume points to profit-taking after a 49.63% 90-day gain; losing $3.08 would intensify selling pressure.
Source: DiarioBitcoin