According to a recent report, Litecoin has maintained a strong hash rate and deep liquidity over its history. However, market conditions suggest caution, with traders being advised to observe before making new trades.
Trading near the 82 USD support level, Litecoin shows mixed signals with bearish momentum indicated by MACD. A decisive move past 88 USD could signal a return to an uptrend, while failure to attract buyers may lead to further declines.
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