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

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.

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