Weak demand could push it below $90
key atways
LTC is down 1.7% in the last 24 hours and is trading above $93 per coin.
The performance of the owner is weakening.
LTC stays below $100
The legacy of Cryptocurecent was consolidated earlier this week, but the selling pressure paid off in the last few hours. Calicon is currently available for 24 hours and is currently trading at a high of $93 a few hours ago.
Despite the recent price action, Tsafcon's fundamentals remain neutral. In the last few days, the loss of “Total Supply of LTC Coins” (Total Supply of LTC Coins) has resulted in heavy selling by investors.
According to the information obtained from the insider, the distribution mainly comes from the investors who have been holding for the last two months.
This weakness is also high among us.
The information obtained from Sosvaster, if you start selling in October, will come from 7.26 million dollars, according to Sosovalef data. The only place etalcoin in the US is etf etar canary ltcc.
In the said markets, Sancon funding rates have been in a negative period over the past two days. This short traders are quickly gaining in the text market. Kinkonline's open demand (OI) rose slightly to 5.57 million LTC from 5.57 million LTC, but is far from the pre-October 10 levels of 80 million LTC.
LTC can find the $90 support level again
The coin has lost 8% of its value in the last seven days, leaving the LTC/USD chart. Syncon up to $90.2.2.2.2.2.2.2.4 The $95.4 resistance area was quickly destroyed. It failed to overcome the $95 resistance area and is now trading above 93.66.
The Relative Strength Index (RSI) and Oskart Oskarter (Stoch) are below neutral levels, indicating that bears are currently in the market.
As the energy continues to recover, LTC may fall above the $116 effectiveness level over the next few hours. However, if LTC fails to defend from the 90.2 range, it may drop to the $80 support level.
