LTC To Hold Losses

LTC To Hold Losses – Litecoin price declined large well above $40. The recent decline in bitcoin, Ethereum, EOS, and Tron impacted litecoin’s market towards $30. LTC price declined more than 20% well above the $40 level against US Dollar. Price face more losses but the support may protect further slides. Global xchange.

Global Exchange. From the above chart, there was a upward move above the $38 resistance in LTC’s price. The pair even broke the $40 barrier and traded close to $41.5 level. Global X change. The price traded as high as $41.13 and later started a downside move. If sellers remain in action, there are chances of further decline below $32 and $30. Globalxchange. On the other hand, LTC rail up to $38 to gain bullish trend.