Litecoin Drops to $80.51, Faces Resistance at $82.91
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Price Decline: Litecoin (LTC) has dropped 2.7% over the past 24 hours to a current price of $80.51, nearing the $80.44 support level, indicating short-term market instability that could affect investor confidence.
- Market Dynamics: While LTC shows weakness against the USD, it has increased by 0.7% in the BTC trading pair, suggesting a divergence in market dynamics that may influence trading strategies across different pairs.
- Technical Indicators: Long-term charts indicate that LTC remains within a rising channel, with the RSI near the lower end, signaling a potential accumulation zone that may attract investor interest in future price movements.
- Trading Range: The current trading range is clearly defined, with $80.44 acting as support and $82.91 as resistance, as prices hover near the support level, reflecting a balance between buying and selling pressures that may lead to low volatility in the short term.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







