Litecoin grinds lower for the 3rd straight session, scope for test of 50-DMA (81.52)

Support: 86 (21-EMA); Resistance: 98 Technical Analysis: Bias Slightly Bearish LTC/USD is extending weakness for the 3rd straight session, bias lower. The pair is trading below 5-DMA which is now showing a turn Southwards. Price has also formed a bearish divergence on RSI on the daily charts. Major trend is definitely bullish, a correction till 21-EMA […]
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