LTC trades at $92.43, after ending today at $92.43.
Litecoin's upper Bollinger Band® is at $98.26, suggesting that a downward move may follow. In contrast, Litecoin reversed direction at $91.88 support zone and climbed 55 cents above it.
Despite the market lacking direction, technical chart analysis strongly suggests LTC is positioned for a downward move in the near term.
While Litecoin is pretty flat so far today, mixed performances are seen elsewhere as FTX Token is up 9.54%. UNICORN Token USD added 1.62% to its value, now trading at $6.47. After ending today's session at $0.095, Dogecoin lost $0.001 and is trading around $0.094.
LTC has gained 31.37% since its lowest print of $43.3 earlier this year. LTC is currently trading with a market cap of 6.71 billion with an average daily volume of 620 million.