Litecoin ($LTC ) - the current price is around $97.90 - $99.90 USD.

In the last 24 hours, the price has shown a slight decline (around -2% - -4%). Trading volume remains moderate. $LTC is near the lower boundary of the horizontal trend channel in the medium term, indicating the possibility of further development in the same direction.

Support and resistance:

Strong support is noted in the range of $96 - $97 and further in the range of $80 - $82.

The nearest resistance is in the range of $102 - $104 and then at the level of $104.58.

Recent forecasts and prospects:

• Considering the consolidation in a narrow range and mixed signals, short-term consolidation or a slight price decline is possible in order to seek support.

• If $LTC holds above key support levels ($99.39 or $96 - 97), a bounce to resistance levels of $102 - 104 and above is possible.