LTC/USDT 15-minute: price consolidates near the short-term moving average after a spike, RSI cools from overbought. Immediate support sits at the intraday low; resistance at the recent high-volume will confirm any breakout.
Litecoin reignites rivalry by labeling Ripple “unwanted,” sparking swift rebuttal from a market analyst. The clash underscores diverging visions on utility, adoption, and token economics in the altcoin arena.
Litecoin has slipped below $86 as it faces persistent resistance in the current market, prompting traders to closely monitor Bitcoin’s dominance. Analysts suggest that Bitcoin’s performance could greatly influence altcoin movements in the coming days.
In a recent update on the CoinDesk 20 index, Litecoin (LTC) emerged as a significant contributor to the decline, falling 4.9%. This downturn reflects ongoing market volatility, as investors adopt more cautious trading strategies amid broader asset losses.
Today’s major asset prices experienced significant changes, with BTC climbing 2.85%, ETH rising 2.62%, BNB growing 6.20%, and XRP increasing 5.87%. Meanwhile, ADA, DOGE, SOL, and LTC all saw dips in the market of 3.33%, 5.59%, 5.51%, and 4.45%, respectively. The SPX and DXY both closed flat, up 0.01% and 0.02%, respectively.