So Litecoin has been crashing since the start of year, descending from its ATH in Dec.
If you noticed, we have pierced the LONG TERM trend 2 months ago, which means the next level is subject to retest.
Guess what folks that next retest line is at $2!!! and that line may be the next level of support. Long term holders are going to be in for the shock of their lives.
BTW Charlie Lee is out shopping for a bank? Why? Hmmm.. probably to store the insane amount of $$S he received after cashing at the ATH.