Litecoin price analysis: LTC prices bleed below $60, bears increase grip

Litecoin price analysis shows LTC prices slipped off in a steep decline, losing nearly 4.5 percent in value. The decline appears to have been caused by a bearish trend line breakout on the 4-hour chart, which invalidated the near-term bullish setup. Currently, there is strong support around $56.0, below which prices may extend losses towards...