Will Litecoin drop further below?

Peace Hive Bloggers,

We have seen the value of litecoin going down for weeks and the trend seems to not change.

The market is volatile so any rush in conclusion will not be a wise move. The chart offers some perspective for the short terms. The observation time will continue. Dollar cost average is well spread tactic in the crypto space.

The decreasing price of litecoin in the market is in my opinion temporary. The question is how long the situation will last in the low range of price. The answer is not possible to determine especially in the crypto economy.

The comprehension of the project and the achievement towards merchant utilisation as tools.