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Litecoin Price Prediction: Is LTC Heading Toward $40 After Trendline Breakdown?

Litecoin Price Prediction: Is LTC Heading Toward $40 After Trendline Breakdown?

The post Litecoin Price Prediction: Is LTC Heading Toward $40 After Trendline Breakdown? appeared first on Coinpedia Fintech News

Litecoin (LTC) has broken below its ascending support trendline, confirming a shift in short-term market structure. The breakdown was followed by a failed retest, indicating that previous support has turned into resistance. With bearish momentum building near a key order block, traders are now watching whether LTC price can defend $44 or extend its decline …