#USHouseMarketStructureDraft Litecoin (LTC) Market Update – ETF Delay & Technical Outlook
Good afternoon crypto traders! Here’s the latest on Litecoin (LTC) as we navigate through some key developments:
🔹 ETF Update:
The SEC has officially delayed its decision on the proposed Canary Funds Litecoin ETF. While this move was expected, it sparked some price action last week as traders priced in the possibility of approval. Ultimately, the delay led to a mild retracement after some early bullish momentum.
🔹 Technical Levels:
Support Zone: $78 – $80
Resistance Zone: $97 – $98