Litecoin markets fell a bit as well, as the $180 level has been too much resistance. I believe that the market will eventually go looking towards the $150 handle, but if we were to break above $200, that would be a buying opportunity. The downtrend looks to be ensconced in the markets, and I don’t think that we have much in the way of momentum or desire to go higher at this point. Although volume is still light, the largest candle for volume of course was negative, which of course is the norm in crypto currency trading these days. I believe that we are going to continue to find reasons to drop.
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useful sharing
The market follows the movement of BTC, which is down about 40- 50% from its highs so logically the rest is down as well. It'll recover soon ;)