Litecoin [LTC] had a difficult seven days, as the cryptocurrency couldn’t perform as per investor expectations. The alt registered a mere 1% seven-day gains. According toCoinMarketCap, LTC at press time, was trading at $53.39 with a market capitalization of more than $3.8 billion.
In an interesting revelation, CRYPTOWZRD, a popular crypto analyst, pointed out that Litecoin was following Bitcoin’s [BTC] overall sentiment and movements.
<p lang=«en» dir=«ltr» xml:lang=«en»>LTC Daily Technical Outlook:$LTC declined today but closed with a doji. Litecoin is simply following Bitcoin’s overall sentiment and movements. I'll track the intraday chart formation tomorrow to look for a quick scalp setup if there is enough volatility Read more on ambcrypto.com