Litecoin (LTC) Technical Price Analysis, June 18, 2018
However, if the LTC/USD pair doesn’t move lower, it will indicate that the sellers don’t want to part with their holdings at these levels.
The bulls will face stiff resistance at the 20-day EMA, which is close to the $107.102 mark. If the cryptocurrency breaks out and sustains above the $107.102 levels, it will invalidate the bearish development and will offer the traders an opportunity to go long. Until then, it is best to remain on the sidelines.