Markets· ★★· bearish·

Litecoin falls 1.29% to $56.39 on volume 46% below average

  • —LTC down 1.29% to $56.39, off 21.85% over 30 days
  • —Daily volume of $167.46M is 45.58% below the 30-day average
  • —RSI at 36 and bearish MACD point to weak momentum
  • —Key support at $55.42, 90-day SMA at $55.01
Why it matters: Holding the 90- and 200-day SMAs keeps the medium-term picture intact, but a break of $55.42 on thin volume would open the door to further losses.
Source: DiarioBitcoin