Litecoin (LTC) Price Fails To Break $200, Here Are The Key Levels

• LTC price is down over 5% the past week
• Bears have relentlessly defended the $200 level
• LTC Price has been held up by the 100MA for a month

Key Levels to Watch

Litecoin (LTC) has underperformed the market over the last month. Even though prices are up over 50% from its low in July, comparing these gains to other coins in the top 20, LTC is severely lagging behind. Litecoin is one of the OG coins as it was released well before the majority of the top 20 cryptocurrencies. As long as the market is bullish, LTC is bullish, even though it has not produced any eye opening gains. Someday LTC may be used for more real world cases but until then, it will likely follow in BTCs footsteps.