LTC/USD Update: Bulls and Bears wrestling around $90 after sharp drop

  • Price went down to $85 within two hours.
  • The entire crypto market is plummeting.

LTC/USD went down from $96 to $85 within two hours. The bulls have now taken control of the market to push the price back into the $90-range as the asset is currently oscillating around $90.  On the downside, critical support levels lie at $88, $84, and $79. The bulls will need to make sure that the price doesn’t fall below $80, to stop any further downward movement.

LTC/USD Daily Chart


 

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