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Price Declines For Litecoin and Dash, Will They Find Support Soon? [Price Analysis]

From blokt.com

Litecoin recorded the largest reversal last week among top cryptocurrencies. Tradeblock, a platform which provides trading tools and pricing indices for institutions, reported Litecoin recording a loss of 13.72% last week. The significant price increase of two weeks ago failed to overcome the important psychological $100 level and the price has since retraced over 20% from this point. The price has dropped to test an important level at $75. This is an important level on the monthly chart and provided significant resistance during strong price increases in August of 2017. This level also acted as a point of support ... (full story)

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  • Category: Technical Analysis