Litecoin Price Technical Analysis for 19/8/2015 – Pure Mayhem

By August 19, 2015Bitcoin Business

Litecoin has crashed more than 16 percent intraday to hit a one-month low of $3.300 following the breakdown in the Bitcoin market. I have been mentioning in the past several analyses that the Bitcoin market is a great precursor to the action in the Litecoin market, and that any negative price action in Bitcoin will be reflected in Litecoin as well. Litecoin is currently trading at $3.432. litecoin price chart Image: https://www.tradingview.com/x/K8qv5wxT/

The decline […]

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