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CoinGape

CoinGape

The LTC price sits at an important support level as the hash rate drops

CoinGape
Summary
Nutrition label

61% Informative

Litecoin has seen its hash rate drop sharply in the past few days .

Hash rate dropped to 41.93 , its lowest level since October 11 , and much lower than October ’s high of near 45 million .

Litecoin price has settled at the ascending trendline, which is made by the lower high levels since August 27 .

LTC price could drop by about 24% if it loses this crucial support level.

VR Score

45

Informative language

37

Neutral language

55

Article tone

formal

Language

English

Language complexity

28

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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