Litecoin (LTC) closed at 101.61 USDT, maintaining a neutral daily trend. The Relative Strength Index (RSI) is at 51.53, indicating a slight bullish bias but with weak momentum. The Moving Average Convergence Divergence (MACD) histogram suggests cautious upside potential, while the Average True Range (ATR) of 4.98 points to increased daily volatility, necessitating careful risk management.
On the daily chart, LTC is trading above the 20-day moving average but remains below the 50-day and 200-day moving averages, reflecting active short-term buying within a constrained broader trend. Key resistance levels are identified at 104.08 (EMA50) and 104.15 (EMA200), with initial support at 99.13 (EMA20). Three scenarios are highlighted: a bullish outlook if LTC closes above 102.50, a bearish scenario if it fails at 102.50 and drops below 101.52, and a neutral stance if it stays between 98.01 and 104.08–104.15. The overall crypto market sentiment is neutral, with Bitcoin dominance at 57.67% and a Fear & Greed Index of 50.
LTC Maintains Neutral Trend Amid Key Resistance and Support Levels
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