$LTC Price Momentum Fades Below $94 Wall
Litecoin (LTC) is facing a critical test as it approaches a tight resistance zone between $94.09 and $94.49. Recent price action suggests momentum is fading, with the RSI pulling back from higher levels and signaling reduced buying pressure.
Meanwhile, the MACD histogram is flattening and turning slightly negative, highlighting a slowdown in bullish momentum. The 9-day EMA has started to level out, reflecting market indecision after a brief rally.
If resistance holds, LTC could revisit key support levels at $87.48, $83.51, and $83.38. A breakout above resistance may open the door to fresh upside, while a breakdown below support could trigger a deeper correction.
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Read the full analysis: ecoinimist.com/2025/05/20/litecoin-struggles-as-momentum-weakens