Litecoin price broke away from strong support at $266 and fell by almost 60% within a single day. This has been one of the strongest drops witnessed in the LTC market. The price continued to slip in the following days and even after a day’s recovery, LTC was trading at $175. {chart} The LTC price peaked at $417 after which it has been noting a rapid decline in value. As the price was hit with high volatility on 19 May, a trend reversal took place. With price failing to find support, the bearishness kept rising. This could lead the price to stumble by another $40 to $60 and test support at $137. There has been no ... (full story)