Litecoin technical analysis: Bearish bias intact while below $ 45.50

Litecoin technical analysis: Bearish bias intact while below $ 45.50

Litecoin returns to the red in tandem with its crypto peers. Technical picture paints rangebound to bearish outlook in near-term. The sixth most widely traded cryptocurrency, Litecoin (LTC/USD), with a market capitalization of $ 2.82 billion, is back in the red zone on Saturday after two straight days of tepid bounce.