The 200 week EMA
, which has provided Litecoin a floor for many weeks, has flipped from support to resistance. This combined with the looming 13 week 200 week death cross is painting a very bearish
picture for the future of litecoin. The only hope I could see would be a bitcoin
moon run pulling up the sinking litecoin ship. Without a bull run by father bitcoin
, litecoin is about to get crushed.