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Litecoin (LTC) at a Crossroads: Will It Break Above $86.85 or Crash Below $84?

  • Litecoin (LTC) is currently trading around $86.18, facing resistance from the 50/100/200-day moving averages which signals diminishing bullish momentum.
  • Momentum indicators like the Relative Strength Index (RSI) and CoinGlass data indicate moderate buying pressure with a 9.46% increase in volume, pointing towards bearish trends.
  • A break above $86.85 could push LTC towards $90, while a drop below $84 may lead to a decline towards $82-$80 support levels.
  • The market is closely watching key technical zones for Litecoin, with $86.85 acting as resistance and $84 as support, influencing the short-term price movements.

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