- Litecoin price is bleeding on Tuesday, trading down some 5% in the second part of the day.
- LTC/USD is testing a critical ascending trend line of support, failure to hold could be very much pushing.
- The bull run of May-June gains is at danger of seeing a full reversal.
Spot rate: 117.97
Relative change: -5.50%
High: 123.67
Low: 112.25
LTC/USD 60-minute chart
- Near-term demand area helping to keep the price propped up, $116-112.
LTC/USD daily chart
- Bears are heading for critical trend line test, May-June gains could be in trouble.