Litecoin Traders says the LTC price is less than $ 100.

After the performance of major password assets was excellent, the price of Litecoin ‘S (LTC) fell to $ 94, and 26% fell 26% in the weekly opening.

The trade war between the United States, Canada, China and Mexico continues to press the encryption market, but many analysts have pointed out the potential opportunities of Lisoco.

Litecoin DIP follows the “overly strong comment” in February.

In February, LTC was one of the few Altcoin, which indicates price control for BTC. Litecoin maintained Breakeven value for a month and Bitcoin fell 18%. Litecoin’s elasticity led to a positive social commentary around Crypto Assets, which was dominated by submitting LTC ETFs.

Santment data pointed out this development and confirmed that the LTC activity address increased to 445,000 for a month.

Regardless of the current market structure, Valeriya, an encryption and foreign exchange trader, says Litecoin displays “signs of re -mission.” Merchant adds

“Testing the marked level (POI) can provide a favorable condition for opening long positions. Growth potential: 60%”

Related: Bitcoin is no longer a ‘safe shelter’. $ 82K BTC Price Dive leaves gold on gold.

The main lighting level is less than $ 100

From a technical point of view, Litecoin is traded in a higher integration range, where the overhead resistance range does not collapse of $ 130 to $ 140.

According to the daily chart, after November 6, 2024, the price has been maintained above the 200-day index (200d-EMA). Rest under 200d-EMA can indicate the initial signs of the weak shift of the high time frame (HTF).

In such a situation, immediate support for Litecoin is from $ 92 to $ 100 to $ 80- $ 88. As described in the chart, the LTC re-adjusted the support range 1 ($ 92 ~ $ 100) on March 4 before it was restored to 200D-EMA or higher.

The relative robbery index (RSI) has also dropped to 38 at the lowest price since August 8, 2024, and has been out of seven months.

INTOTHEBLOCK’s data has added more Onchain Confluence in the support range defined on the chart. A total of 668 million LTC tokens were equipped with 17.3 million addresses between $ 79 and $ 90, and 1.1 million addresses were equipped with 178 million LTC tokens for $ 90 ~ $ 108.

Therefore, in terms of trading volume, $ 108 and $ 90 are immediate support range, and more holders are between $ 79 and $ 90.

Related: How low can Bitcoin prices go?

This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.