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Hence, we expected to see Stellar (XLM) show some kind of allegiance to its rising 50-day simple moving average as support, especially since it came in confluence with a prior range high price level support. We are now seeing this chart nearing a test of critical support, and opening up the potential for another bearish technical breakdown if that support doesn’t hold as well. Litecoin (LTC) Price Analysis High: $64.223 Low: $60.433 24-Hour Volume: $308.51M 7-day Percent Change: -18.61% Chart courtesy of tradingview.comIt has been a very rough ride for Litecoin (LTC) over recent days, but there aren’t too many coins for which one can’t make the very same statement.
Hence, we expected to see Stellar (XLM) show some kind of allegiance to its rising 50-day simple moving average as support, especially since it came in confluence with a prior range high price level support. We are now seeing this chart nearing a test of critical support, and opening up the potential for another bearish technical breakdown if that support doesn’t hold as well. Litecoin (LTC) Price Analysis High: $64.223 Low: $60.433 24-Hour Volume: $308.51M 7-day Percent Change: -18.61% Chart courtesy of tradingview.comIt has been a very rough ride for Litecoin (LTC) over recent days, but there aren’t too many coins for which one can’t make the very same statement.
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