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  3. Litecoin Faces Renewed Selling Pressure as Analysts Monitor Key Support Zones
4 days ago

Litecoin Faces Renewed Selling Pressure as Analysts Monitor Key Support Zones

AnalysisaltcoinsblockchainCrypto TradingCryptocurrency MarketDigital AssetsJoao WedsonLitecoinLTC Price

TLDR: Litecoin has fallen over 20% in a week as traders monitor support near the $40 level. Joao Wedson says LTC lost key on-chain levels, with $34 and $29 now in focus. Futures open interest dropped from $411 million to $283 million, reflecting weaker trader activity. LitVM and Nexus Wallet developments continue attracting attention despite [...]

The post Litecoin Faces Renewed Selling Pressure as Analysts Monitor Key Support Zones appeared first on Blockonomi.

Source: Blockonomi →

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