Why is the price of alt coins are falling?

[REPLICA]

I have observed Litecoin on about $124 for mor than 24 hours now and I can't really determine if it is going to decline further or start rising again. Bitcoin cash is not doing badly though, since it is still over $300 currently.

Yeah litecoin and bitcoin cash is decreasing again gradually or I should say fluctuating. So there is very less possibility that they will start to go for a rush or go for a fall. But incase of bitcoin, it may go up.

 

[ahmedo24]

Yeah litecoin and bitcoin cash is decreasing again gradually or I should say fluctuating. So there is very less possibility that they will start to go for a rush or go for a fall. But incase of bitcoin, it may go up.

The drop is definitely as a result of buying and selling, it is obvious that they may have a boost soonest because smaller Investors can't bear the transaction fee for bitcoin so they may opt for litecoin and bitcoin cash.