$LTC As of today, Litecoin is trading at around 113 US dollars. Over the past 24 hours, the price has decreased by approximately 3.5 percent, dropping to a low of 112 dollars, with an intraday high of about 119 dollars.
The current level is an important support zone. If LTC manages to stay above 113 dollars, there is a chance for recovery and growth to the levels of 120–125 dollars. Breaking through these values could open the way to the next resistance around 130–135 dollars.
However, if the price drops below 112 dollars, selling pressure may increase. In that case, downward movements to 105 dollars are likely, and then to the psychologically important mark of 100 dollars.
Interest in Litecoin remains stable. In particular, institutional funds are starting to include it in their portfolios – a recent example: the inclusion of LTC in a mining fund with a yield of 12 percent per annum.
Overall, the coming days will be crucial. Maintaining the current level could signal buyers, while a downward break would strengthen sellers' positions.