Current price: $85 – $90
Key support: $78
Next resistance: $95 – $100
Overall trend: Sideways leaning upwards
1. Technical analysis (daily timeframe):
RSI: Stable around 50, indicating a balance between buyers and sellers
MACD: Attempting a positive crossover, yet to be confirmedMoving averages: the price is close to MA-50 and MA-200, which may indicate a decision point
Technical view:
If resistance at $95 is clearly broken, we may witness a breakout towards $110.
2. Fundamental analysis:
Transaction speed: Litecoin remains one of the fastest and most efficient networks
Actual usage: Increasing use in payments and integration with platforms like PayPal
Low fees: Enhances its value as a means of transfer, not just as a speculative asset
Community: Still enjoys strong support on X (formerly Twitter) and other platforms
Summary:
Although it is moving away from the spotlight, Litecoin may be in a calm before the breakout.
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