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Litecoin Technical Analysis: LTC/USD tanks over 7% on Wednesday, price moving within a fast channel to the south

Litecoin has taken a further beating on Wednesday, losing 7%, as the price again firmly gives up $100 territory. LTC/USD is bouncing within a fast descending channel pattern, with lack of slowdown in sight for now. Demand zone seen tracking from $90.50 down to $83, which is near-term potential hope for Litecoin.   LTC/USD 30-minute […]

The post Litecoin Technical Analysis: LTC/USD tanks over 7% on Wednesday, price moving within a fast channel to the south appeared first on Forex Crunch.

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