$LTC /USDT FALLS BELOW $84 – IS MORE DOWNSIDE COMING FOR LITECOIN?
$LTC is trading at $83.58, down 6.30% in the last 24 hours. The price failed to hold above $89.00, leading to increased bearish pressure.
Key Levels to Watch:
Support: $83.00 is the next key level. If it breaks, we could see a move toward $80.00.
Resistance: $85.50 and $87.00 – bulls must push past these levels to regain strength.
Market View:
Trend is bearish across lower timeframes (15m, 1h).
Volume is moderate: 578K LTC traded with $48.84M USDT in the last 24h.
Price is forming a downward channel, showing steady selling pressure.
LTC Performance:
7 Days: -5.62%
30 Days: -18.82%
90 Days: -9.09%
180 Days: -28.20%
1 Year: +6.45%
What’s Next?
If LTC fails to hold $83, a drop toward $80 is likely. For bulls to gain control, the price needs to reclaim $85.50+ with strong momentum.
Binance Traders’ Tip:
Short-term: Watch for possible bounce at $83.
Breakout traders: Wait for a clean break above $87 before looking long.
LTC is under pressure — let’s see if bulls step in or if more correction is ahead.
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