$LTC The decline in Litecoin reflects technical resistance at key moving averages, overall market caution, and liquidity constraints often encountered during peak trading periods. While the 7-day trend remains slightly positive (+1.81%), the 30-day trend (-6.1%) suggests that sellers are still in control in the medium term.
Key point to watch: Can LTC maintain its Fibonacci level of $75.89 (78.6% retracement) if Bitcoin falls below $87,400?
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$LTC The decline in Litecoin reflects technical resistance at key moving averages, overall market caution, and liquidity constraints often encountered during peak trading periods. While the 7-day trend remains slightly positive (+1.81%), the 30-day trend (-6.1%) suggests that sellers are still in control in the medium term.
Key point to watch: Can LTC maintain its Fibonacci level of $75.89 (78.6% retracement) if Bitcoin falls below $87,400?