Litecoin breaks some key level and some of the other major cryptocurrencies have followed suit. The downward trend on the daily chart is continuing but there is a support zone nearby. As all the major cryptocurrecies take a dive this afternoon LTC has broken a key level on the downside. 53.06 was the consolidation low as the LTC/USD price consolidated following the last fall on 24th September. The RSI is also nearing the oversold area and still has some space to move on the downside. This trend has been pretty relentless as you can see on the chart as this is the fourth major price support to be taken out. The daily candle has not closed so there is still hope for the bulls that the lows may be rejected but at the moment things are looking bleak. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next NZD/USD climbs to 0.6415 area, back closer to over 1-month tops set on Tuesday FX Street 3 years Litecoin breaks some key level and some of the other major cryptocurrencies have followed suit. The downward trend on the daily chart is continuing but there is a support zone nearby. As all the major cryptocurrecies take a dive this afternoon LTC has broken a key level on the downside. 53.06 was the consolidation low as the LTC/USD price consolidated following the last fall on 24th September. The RSI is also nearing the oversold area and still has some space to move on the downside. This trend has been pretty relentless as you can see on the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
