LTC is over extended. Its a slow trailing coin. And has been over pumped. This may be because exchanges are looking to short the market and get rid of peoples margin accounts, or maybe for other reasons. The created of LTC tweeted to his LTC users to not be surprised if this goes back down to $50 levels.
There are multiple areas of support $200 level, $150 level and $100 level. Not sure how bad this dump will be but be cautious
There are multiple areas of support $200 level, $150 level and $100 level. Not sure how bad this dump will be but be cautious
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.