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LTC/USD Technical Perspective
Litecoin is showing interesting setup around current levels. A decisive move above $87 would be the catalyst we're watching for. This level carries significance both as a technical resistance and a potential breakout trigger that could shift momentum in LTC's favor.
The path higher requires clearing this barrier convincingly. Once $87 gets taken out with solid volume confirmation, it opens up further upside potential. Until then, traders are likely consolidating and positioning for that push.
This kind of move could validate the underlying strength in the LTC/USD pair and attract more buying interest from both retail and institutional participants looking to capitalize on the breakout opportunity.