Litecoin tops HODL charts, but traders aren’t exactly happy – reasons?

Litecoin boasts 77.7% of holders classified as long-term investors, exceeding Bitcoin’s and Ethereum’s figures. However, this strong HODLing sentiment correlates with low short-term profitability.

Currently priced at 90.98 USD, LTC is struggling to recover as it remains below its 50-day and 200-day moving averages. The RSI indicates weakened momentum, potentially trapping LTC in a consolidation phase.

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