Litecoin underwent a huge surge last week. Movements in Litecoin preceded bullish movements across the rest of the market with Litecoin often acting as a leading indicator for movements in other top cryptocurrencies. Litecoin is retracing some of last weeks surge today and has erased gains recorded during the price action yesterday. While most top cryptocurrencies failed to form higher highs, Litecoin made markedly more bullish movements surpassing its January high to form a higher high. The point of the higher high at $41.30 will be the next expected support level. Today’s drop was preceded by a bearish divergence ... (full story)