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TronWeekly

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Litecoin (LTC) Shows Signs of Reversal After Recent Decline

  • Litecoin (LTC) has shown signs of reversal with a 0.69% gain to $87.65 after dipping to the $85 zone.
  • Bullish divergence on the RSI and weakening selling pressure on the MACD indicate a potential price reversal.
  • Price is facing strong resistance between $91.18 and $94.22, aligned with the 20-SMA and 200-SMA.
  • A confirmed breakout above $91.50 could shift momentum, while failure risks a drop to $84–$82.

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