Tag Archives: Litecoin

Litecoin Consolidates Crypto Crash, Follows Bitcoin In Attempt To Erase Losses

On Thursday, Litecoin (CRYPTO: LTC) was trading over 2% higher in another attempt to erase some of the losses brought on when El Salvador formally adopted Bitcoin (CRYPTO: BTC) as legal tender and the cryptocurrency market went into free fall.

Litecoin plummeted more than 26% lower on Tuesday but bounced and wicked from a support level near the $162 mark.

On Wednesday, the crypto consolidated the move and printed a long-legged doji candle, which indicates indecision.

See Also: How To Buy Litecoin • What is Litecoin?

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