Litecoin May Continue To Lag In Early 2020

About: Litecoin USD (LTC-USD)
by: The Freedonia Cooperative
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The Freedonia Cooperative
Tech, currencies, Bitcoin, cryptocurrencies

Litecoin, once called the "silver" to Bitcoin's "gold" has lacked positive news and fundraising in recent months.

It enters 2020 on a slump with not much to differentiate itself from Bitcoin's other "like" coins and continues to lag in value.

Technical analysis shows the same -- and a consistency bearish outlook on future Litecoin price movement. It looks like a coin to avoid in 2020.

Litecoin (LTC-USD) typically mirrors the movements of the BTCUSD pair in its own USD trading pair. Therefore, it is not a surprise to see that the same lackluster moves seen on BTCUSD, where