Litecoin (LTC) is currently trading at $82.94, maintaining proximity to its crucial support level of $82.37. This follows a significant 14% decline over the past week. The cryptocurrency is experiencing a consolidation phase within a multi-day 4-hour range, with resistance identified at $84.68 and a broader target set near $90.
Traders are keeping a close watch on the lower boundary of this range for signs of stability and potential momentum shifts. The market's focus remains on whether Litecoin can sustain its support level and break through the resistance to reach higher targets.
Litecoin Holds Steady Near $82.37 Support Amid Resistance at $84.68
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