MRudy

LTC: Imminent Dump?

KRAKEN:LTCUSD   Litecoin
Litecoin for the past few weeks has formed a pretty substantial bearish divergence on the 1H, 2H, 4H and Daily RSI. The price is also entering an area of resistance.

This could indicate the possibility of an imminent dump, especially considering Bitcoin has formed another smaller divergence on the 1H, 2H, and 4H time-frames.
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