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Litecoin Holds $81.5 Support as Eyes Turn to $88 Resistance
⬤ Litecoin has been holding steady around the $81.5 support zone on the 4-hour chart, showing resilience after recent pullbacks. This level has been tested several times without breaking down, which keeps the short-term structure looking relatively healthy while traders wait to see what happens next.
⬤ The chart shows a well-defined horizontal support area just below where LTC is trading now, and it’s been doing its job by catching price drops and helping Litecoin bounce back. Looking up, the $88 level is the next major resistance point worth watching—it lines up with previous price reactions and could be where sellers show up again if momentum builds.
⬤ Right now, Litecoin isn’t making any big moves—it’s just consolidating in a range, which makes sense given how cautious the market feels. If support continues to hold, there’s a decent chance price could try pushing toward that $88 resistance, though nothing’s confirmed yet. Bitcoin’s weekend action might also play a role in whether LTC can gather enough strength to test the upper end of this range.
⬤ This setup matters because Litecoin often mirrors broader altcoin sentiment and risk appetite shifts. As long as it stays above support, the vibe stays constructive, but if it slips, we might just see more sideways trading. With price stable and $88 resistance clearly marked, what happens next could set the tone for near-term volatility as trading picks up heading into the new week.