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- LTC breaks the graph of average terms and rebounds.
- In the long run it still maintains hope, even if not much.
Litecoin broke an important upward support of the trend line on the medium-term chart, providing ammunition to the bears to continue their attack on the crypts that lost more than 90% of its value from the historical maximum of nearly $ 400.
LTC / USD is up about 2% a day to $ 32.877 and trading in less than 4% in terms of the Sunday interval. In the 240-minute chart of this crypt, an upward support of the trend line broke that helped prices remain optimistic in the rebound from the December lows, but no longer.
The hope, however, remains from the fact that there is a long-term support right behind the corner on the 720-minute chart, around $ 29 currently, in the form of a downward trend line, but if the 39. Bear attack continues unabated, then even that may not be able to last long.
LTC / USD Chart 240 minutes:
720-minute LTC / USD chart:
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