he cryptocurrency market yesterday, 11th October, shattered the community’s hopes with the price dropping at an unprecedented rate. Popular cryptocurrencies like Bitcoin [BTC], Bitcoin Cash [BCH] and Litecoin [LTC] all witnessed the attack of the bear with the respective charts reflecting the same.
The analysis shows a clear picture of the massive market crash that made investors and enthusiasts sit up and take notice of the cryptocurrency market which was showing a sideways movement until the drop.
Litecoin:
Litecoin [LTC] was one of the popular cryptocurrencies which suffered the brunt of the bear after a stable sideways movement over the past seven days. The trend lines clearly indicate the sharp fall in the price that occurred yesterday.
https://ambcrypto.com/litecoin-ltc-usd-technical-analysis-cryptocurrency-hits-yearly-low-support-value/
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by zeenat from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.
Congratulations @zeenat! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard: