Bitcoin (CRYPTO:BTC) and
Ethereum (CRYPTO:ETH).
With the recent dip in the entirety of the crypto market, Litecoin lost some gains as well. Now Litecoin is looking to find some support near a previous key level and possibly start moving higher once again.
Litecoin was down 5.6% at $169.77 at last check.
Litecoin Daily Chart Analysis:
Litecoin broke through support and now is trying to bounce at the next support level.
The crypto is trading below both the 50-day moving average (green), and the 200-day moving average (blue), indicating recent sentiment in the crypto is likely bearish.
Litecoin may find resistance at each of these moving averages.