Litecoin Continues to Trend in Bearish Area

By January 8, 2015Bitcoin Entertainment

The lack of substantial trading volume is keeping Litecoin to where it was – in a long-term bearish bias. From over a week, the silver coin is limitedly consolidating sideways and has tested 1.90 as the key support level. It meanwhile has attempted to break above 2.20 – the 2014’s low and now an important resistance level. As you can refer the 4H chart above, the 26- and 12-hour EMAs are almost parallel (magenta and […]

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