The CoinMarketCap rating indicates that the market is once again predominantly red.
Litecoin (LTC) is trading sideways on the native chart since the value hasn’t yet decided which transfer option to use. However, if the resistance is tested before the end of the day, tomorrow’s growth might reach the $93.50 region.
Given that the speed is far outside of the critical ranges, the situation is somewhat equivalent over a longer period of time. Such a press statement is confirmed by the decreasing quantity.
The further likely situation in this regard until the end of the month is continued consolidation in the range of $90-$95.
Since neither the bulls nor the bears have taken control of the weekly chart, there are few chances for traders to witness any sudden sharp moves. For the upcoming few weeks, sideways buying and selling around the $90 mark is the other conceivable scenario.
At the time of publication, Litecoin was trading at $92.51.