Litecoin settles under $76.00 amid strong sell-off. LTC/USD has lost 5% in recent 24 hours. Litecoin has been sliding for the third day in a row. LTC/USD touched $73.70 low on Sunday before recovering to $76.00 by the time of writing. The 6th largest digital coin with the current market value has lost nearly 9% since Friday, April 19 amid massive sell-off triggered mostly by technical factors. Litecoin’s technical picture LTC/USD is supported by $75.00 handle with 61.8% Fibo retracement from the recent upside movement on approach. Once this barrier is out of the way, the sell-off may be extended towards SMA200 (4-hour) at $74.00 and the recent low of $73.70. The next support lies with psychological $70.00, which is followed by 69.00-68.80 (DMA50) and $63.17 (SMA50 weekly). On the upside, a sustainable move above psychological $80.00 is needed to mitigate the bearish pressure. Once it is cleared, the recovery may be extended towards $83.00 closely followed by SMA100 (4-hour). Even more important resistance is created by 38.2% Fibo retracement at $84.40. LTC/USD, 4H chart 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 Libyan PM Al-Sarraj: Trump’s talk with militia leader could drive up oil – WSJ FX Street 4 years Litecoin settles under $76.00 amid strong sell-off. LTC/USD has lost 5% in recent 24 hours. Litecoin has been sliding for the third day in a row. LTC/USD touched $73.70 low on Sunday before recovering to $76.00 by the time of writing. The 6th largest digital coin with the current market value has lost nearly 9% since Friday, April 19 amid massive sell-off triggered mostly by technical factors. Litecoin's technical picture LTC/USD is supported by $75.00 handle with 61.8% Fibo retracement from the recent upside movement on approach. Once this barrier is out of the way, 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.
