Litecoin Price Forecast
Litecoin prices are down significantly on Friday morning, but at least LTC is not alone. Numbers flashed red beside almost every major cryptocurrency.

Monero collapsed by 24.5%. Ethereum lost 17% of its total value. Even recent favorites like Cardano and IOTA were shredded in the retracement, losing 17.3% and 18.5%, respectively.

So don't be too worried about LTC depreciating 17.48% against the U.S. dollar.

Yes, it brought the Litecoin to USD exchange rate down to $260.55. However, the Litecoin to Bitcoin rate fell only 1.73%, showing that Bitcoin itself was suffering almost equal pain during the sell-off.
Daily Litecoin Chart:.

The post Litecoin Price Forecast: LTC Corrects More Than 27% in Three Days appeared first on Profit Confidential.

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Litecoin Price Forecast: LTC Corrects More Than 27% in Three Days