Litecoin ($LTC ) - the current price is approximately $96.17 - $96.85 USD.
In the last 24 hours, $LTC experienced a decrease of about -1.5% - -1.94%. The short-term trend seems neutral or slightly bearish after a recent period of consolidation.
Support and resistance:
Support: support near the range of $95.63 - $97.12.
Resistance: Resistance is noted in the range of $100 - $102, with a more significant resistance level around $104.58.
Upcoming forecasts and prospects:
Given the neutral RSI and price action around the $96-$97 level, short-term consolidation is likely. However, the bearish trend on the 4-hour chart suggests potential for further decline if support at the $95.63 level is broken.
The range of $95.63 - $97.12 is critical support. Holding above this level may lead to another attempt to break the resistance at the $100 - $102 level.
