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[LTC/USDT] Market Update – Short-Term Consolidation in Progress
Litecoin (LTC) is currently trading at $94.40, reflecting a 2.08% intraday drop. The 15-minute chart indicates a short-term recovery from the daily low of $93.13, bouncing back toward key moving averages.
24h High/Low: $96.90 / $93.13
MA5: $94.32 | MA10: $94.10 | MA30: $94.45
24h Volume: 168.45K LTC (~$16.02M USDT equivalent)
Despite the recent downward pressure, price action has tested resistance near the MA30, but is currently facing rejection. A decisive move above $94.50 could signal a potential bullish breakout, while failure to hold above $94.00 might invite further selling toward the $93.00 support zone.
Key Watch Points:
A break and hold above MA30 ($94.45) could confirm short-term bullish momentum.
Continued rejection may trigger retests of local support zones.
Stay tuned for real-time updates and trade safely on Gate.io.
#LTC #CryptoAnalysis #TechnicalAnalysis