Litecoin (LTC) closed the day on a slightly bearish note, with its price closely tied to Bitcoin's movement and overall market sentiment.
The $96 level is seen as the next resistance for Litecoin, with a need for stronger signals in the LTCBTC pair for a sustained upside move.
On the technical side, a successful push above $96 could lead to a rally towards the $128 resistance, depending on market conditions.
Maintaining the $80 support level is crucial to preserve the bullish structure, while intraday volatility signals advise patience for traders looking for entry points amidst ongoing market fluctuations.