Litecoin lost almost 65% for one month in the bearish Cryptocurrency market. Litecoin price prediction below looks at why LTC / USD could dive further under $ 120 in the coming days.
The Cryptocurrency market has been bearish in the last 2-4 weeks. Litecoin bearish started in mid December 2017 and has not restored the page. Price before dive, peaked close to $ 400. Last week, it made a new low for trading under $ 150 for the first time in seven weeks.
Unless there is a sudden break up, it appears that the dip continues below $ 120 in spite of the little bullish movement in the last 3-4 days.
The blue demand area, could be a good opportunity to buy and hold.