Litecoin Price Tumbles Below $80 After Suffering 10 Percent Drop
The cryptocurrency market endured a severe crash on Aug. 14. Ethereum, XRP, and Litecoin posted double-digit drops. Ripple’s XRP was hit the hardest the coin steeply fell to the $0.26 level after a major sell-off.
Meanwhile, Bitcoin turned out to be the safest bet within the CoinMarketCap top 10 given that it only dipped 6 percent following yesterday’s crash. The crypto king is changing hands above the psychologically important level of $10,000 at press time.
Keep an eye on oscillators
Getting close to the previous lows, similar to when proce was in the $9ks prior to the strong reversals pic.twitter.com/pqpm8InRkU
— Josh Rager 📈 (@Josh_Rager) August 14, 2019
As reported by U.Today, Goldman Sachs recently forecasted that BTC could hit $13,971 in the short-term, which could also revive the broader cryptocurrency market.