The Litecoin price was further hit on Tuesday, dropping 2%, after running into resistance around $108. Supply zone preventing a break higher, tracking from $107.60-108.40. Bearish pennant pattern can be seen forming on the 30-minute chart. LTC/USD 60-minute chart Spot rate: 104.70 Relative change: – 2.05% High: 108.24 Low: 104.08 […]
The post Litecoin Technical Analysis: LTC/USD price behaviour suggesting of another breakout to the downside, with $100 mark once again in the eyes of the bears appeared first on Forex Crunch.