• Litecoin (LTC) is showing indecisive intraday movement, awaiting clear signals from Bitcoin’s momentum.
• LTC faces immediate resistance at $96, with potential upside toward $102 if bullish momentum strengthens.
• Technical analysts highlight volatility; a drop below $91.50 could push LTC down to $85 levels.

Litecoin (LTC) is displaying early indicators that could impact its market movement. The market is yet to receive clear directions on where to head next; however, it is waiting for clear instructions from the key currencies, with a significant focus on bitcoin’s momentum, which is paused behind a major resistance level.

At press time, Litecoin (LTC) is trading at $96.00, with a 24-hour trading volume of $1.29 billion. The market capitalization for LTC is $7.31 billion, with a 2.31% increase in the last 24 hours, an early indicator of possible momentum for the cryptocurrency.

Litecoin Set to Reach 2026 Highs

Popular crypto analyst master highlighted a bullish view with the observation that Litecoin is likely to pursue its path from the bottom band in 2015 to the top band in 2026, considering LTC an asset to watch in the present market condition.

Litecoin Awaits Clear Signal for Upside

At the same time, crypto analyst CRYPTOWZRD pointed out that LTC just managed to close indecisively below the $96.00 level, which means that more needs to happen for an optimistic trading pattern to be confirmed. As CRYPTOWZRD explained, a major reason for Litecoin’s intraday market fluctuations would be the performance of Bitcoin.

Analyzing the technical charts, today’s closing candle for LTC is indecisive, while the LTC/BTC market is also indecisive. For more prominent bullish action in Litecoin, it is required that the dominance level of Bitcoin is reduced so that LTC can proceed with momentum.

At present, the LTC/BTC market is range-bound, where the LTC market is continuing to be influenced by the general outlook for Bitcoin. Technical analysts are awaiting a breakout at $96.00 with strong bullish momentum so that the subsequent level of resistance becomes $102.00. There could also be a fallback to $80.00 if the market goes weak.

Also Read | Litecoin Price Analysis: LTC Shows Strength With a Potential Toward $532

Litecoin Intraday Movement Signals Reversal

The intraday trading pattern in the LTC charts has been slightly volatile with slow momentum. Analysts recommend that another test at the $91.50 level could prepare the ground for a bullish turnaround at higher levels, possibly touching $101.50, while a breakdown below $91.50 could trigger further downturns, with the next target at $85.00 levels.

At the moment, however, the market is looking for a clear trend for Litecoin, which is reasonably linked to the next big movement in the market, namely, Bitcoin.

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