$LTC /USDT Price Update: Consolidation Near Resistance
๐ Current Price: $104.60 (+0.49%)
๐ผ 24H High: $105.93
๐ฝ 24H Low: $99.88
๐ 24H Volume (LTC): 579,592.21 LTC
๐ต 24H Volume (USDT): $59.89M
Technical Snapshot
Litecoin has shown resilience, bouncing back from its 24-hour low of $99.88 and consolidating near $104.60. The immediate resistance at $105.93 is keeping further upward momentum in check for now.
Key Levels to Watch:
Immediate Support: $102.53
Major Support: $100.61
Immediate Resistance: $105.93
Major Resistance: $106.37
Potential Scenarios:
1๏ธโฃ Bullish Breakout: A breakout above $105.93 could drive LTC toward $106.37 and potentially higher, signaling further bullish continuation.
2๏ธโฃ Profit-Taking Pullback: A failure to maintain above $104.00 could see LTC retesting $102.53 or $100.61 before finding stronger support.
Market Sentiment:
With steady buying interest, LTC remains poised for a breakout above its resistance levels. Watch for strong volume spikes and price action near $105.93 to confirm the next move.