Fuderick is right once again. Litecoin, the WORST performing cryptocurrency for the past 3 years, failed to break $4,50 once again. Now, it actually looks like a DOUBLE TOP, which means it is very likely that Litecoin will crash once again and find support around $3,30.
I hope some of you listened and shorted LTC with all your money with high leverage.
But it is not too late yet. Litecoin is extremely overvalued right now.
Combined with the fact that there is ZERO development and that F2POOL won't activate SegWit, the coin is pretty much dead.
Highly recommend to short it and sell everything you have. Buy DASH instead, which is undervalued (should be $300+ at least).