Key support levels (4H): $LTC

$85.09 (38.2% Fibonacci Retracement): This level serves as the first line of defense for LTC. A break below this support could signal a weakening of the uptrend and lead to further downward pressure.

$83.74 (50% Fibonacci Retracement): The 50% retracement level is a critical support zone. Staying above this level is crucial to maintaining a bullish outlook. A drop below this point may indicate a potential trend reversal.

$82.40 (61.8% Fibonacci Retracement): Often referred to as the “golden ratio,” this level is important in technical analysis. If LTC fails to stay above $82.40, it could invalidate current momentum and change market sentiment.

Potential price forecasts

If LTC breaks higher, the next significant resistance to watch will be $93. There can be significant selling pressure at this level. Conversely, a break below the $81 level could signal a potential trend reversal, requiring caution.