Litecoin has come back from drops this drastic before. We had a 50% drop last year before hitting all time highs. The 50 day MA needs to drop off from the recent high. Essentially, near the end of August the 50 day MA drops hard, which could potentially force a hard correction upwards.
Trade active
Buy at $80
Disclaimer
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.
Disclaimer
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.