Litecoin may seem a little weak right now and this could be the reason why.
If you still have them you may just want to hold at this point because when it starts the next impulse wave its going to move up fast.
Litcoin has developed an inverse relationship to BTCUSD over the last few days so we will see if it stays or flops back to following.
Usually once BTCUSD price drops say 5% it drags ETHUSD and LTCUSD with it even if they started inverse behavior so keep an eye on BTCUSD
I would argue the BTCUSD price weighs more on LTCUSD then reading its own charts.
If you still have them you may just want to hold at this point because when it starts the next impulse wave its going to move up fast.
Litcoin has developed an inverse relationship to BTCUSD over the last few days so we will see if it stays or flops back to following.
Usually once BTCUSD price drops say 5% it drags ETHUSD and LTCUSD with it even if they started inverse behavior so keep an eye on BTCUSD
I would argue the BTCUSD price weighs more on LTCUSD then reading its own charts.
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