Litecoin price bulls tussle to keep the price above $76 and the short term trendline support. Technical indicators send bearish signals suggesting that a drop to $65 is necessary to create fresh demand for LTC. Spot rate: $76.51 Relative change: -3.29 Percentage change: -4.13% Trend: Bearish Volatility: High LTC/USD daily chart Litecoin price minor reaction to the golden cross pattern stalls at $80 leaving the recent highs at $84.60 untested. The rejection at $80 sends LTC/USD downwards at $76.23 (market value). Continued downward correction s expected to last throughout the European session on Monday. The MACD clearly shows that the sellers are in control of the joystick likely to hit a further nosedive towards $65. LTC/USD 2-hour chart Litecoin price digs deeper into the Bollinger Band lower curve amid high volatility and a stronger bearish grip. If the short term trendline support gives in, there is a chance the price would slide back to the support at $65. The downward movement is, however, likely to encourage more buyers to enter the market, in turn, pushing Litecoin towards $85 (medium-term resistance). 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 Copper: Pushing the price higher – ANZ FX Street 2 years Litecoin price bulls tussle to keep the price above $76 and the short term trendline support. Technical indicators send bearish signals suggesting that a drop to $65 is necessary to create fresh demand for LTC. Spot rate: $76.51 Relative change: -3.29 Percentage change: -4.13% Trend: Bearish Volatility: High LTC/USD daily chart Litecoin price minor reaction to the golden cross pattern stalls at $80 leaving the recent highs at $84.60 untested. The rejection at $80 sends LTC/USD downwards at $76.23 (market value). Continued downward correction s expected to last throughout the European session on Monday. The MACD clearly shows that 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.
