Litecoin (LTC) Price Analysis: LTC/USD bears set eyes on $45.00

Litecoin (LTC) Price Analysis: LTC/USD bears set eyes on $45.00

LTC/USD has dropped below SMA50 4-hour amid strong bearish sentiments. The initial support is located on the approach to psychological $45.00. Litecoin (LTC), the sixth-largest digital asset with the current market capitalization of $2.9 billion, has recovered from the Asian low of $45.25and recovered to $45.90 by the time of writing.