LTC/BTC
LTC broke bearish after the support failed at 5980 sats level and the price plummeted to 5500 sats area.
Litecoin is currently holding the last bull defense of downward trend-line support,
if this key line support also fails, I can see another nosedive to 5000 sats price target.
Though RSI is at an extreme level of oversold, we may see a temporary relief bounce right here.
LTC broke bearish after the support failed at 5980 sats level and the price plummeted to 5500 sats area.
Litecoin is currently holding the last bull defense of downward trend-line support,
if this key line support also fails, I can see another nosedive to 5000 sats price target.
Though RSI is at an extreme level of oversold, we may see a temporary relief bounce right here.
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