- Litecoin price gets dragged lower by the market bears, nursing losses just shy of 10%, through the mid-point of Thursday's session.
- LTC/USD receives a late bounce from big support area just sub-$51.00 level.
- Crypto expert from finder panel, Craig Cobb, predicts $50 per coin for 1 November 2018. Craig further explained that because the chart is messy, it’s difficult to predict anything other than short term.
LTC/USD 4-hour chart
Spot rate: .52.832
Relative change: -12.67%
Support 1: 50.700, 19th September low, big support area.
Support 2: 47.210, 12th September low.
Support 3: 42.350, demand zone.
Resistance 2: 54.750, supply area.
Resistance 3: 57.900, pre-selloff level.
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