While Litecoin is still plagued by LitePay cessation news, there are no new fundamental factors that might have triggered the sell - off, the coin is pressured down by
general bearish sentiments gripped over the cryptocurrency market.
General bearish sentiments on the cryptocurrency markets intensified the sell - off as people rushed to exit from smaller coins.
Bitcoin Cash is down over 2.5 % on the day in line with
general bearish sentiments that overtook cryptocurrency markets since the beginning of Friday.
While the announcement has had no significant impact on the market yet, attributing to
the general bearish sentiment, the news is important in paving the way forward for an increased number of people purchasing, using, and trading cryptocurrencies apart from bitcoin and ether.
Not exact matches
While the
general XLM
sentiment is
bearish, buyers can find some momentum especially if prices break and close above the minor resistance trend line and the middle BB.
If the blue line and red histograms of the FX Sniper's T3 CCI custom indicator is seen to dip below the 0.00 level, the
general market
sentiment is said to be
bearish i.e. a signal to sell the selected forex pair.
ex4 custom indicator gets placed faintly above the candlesticks as exemplified on Fig. 1.1, the
general market
sentiment is said to be
bearish, hence a sell signal will do.
However, I do tend to get more bullish when the
general sentiment turns
bearish and vice versa (too soon most of the time).
The coin has been declining steadily for the seventh day amid the
bearish sentiments of
general cryptocurrency market.
The market
sentiments remain
bearish due to
general crypto sell - off.