Litecoin has emerged from the China ICO meltdown at around half of where it was when the month started. Prices appear to have stabilized around the $50 range, although long-term price behavior is likely to be defined by a narrow trade corridor. LTC/USD Drifts Lower in Asia Litecoin fell against the dollar on Friday, as the market continued to consolidate following an upbeat start to the week. The LTC/USD has rebounded more than 6% to trade above $48, according to Bitstamp. Prices hovered within a daily range of $46.68 and $48.90. The technical indicators are mixed, with Relative Strength showing […]
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