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Litecoin Stuck Below All Short-Term Averages as Taker Selling Surges and Open Interest Rises - What's Next for LTC?

From Jornal Bitcoin · · Originally reported by Blockchain.news

Litecoin Stuck Below All Short-Term Averages as Taker Selling Surges and Open Interest Rises - What's Next for LTC?

Litecoin (LTC) is trading at $63.53 on Binance spot, down 1.06% in the last 24 hours and sitting below every short‑term moving average, signaling bearish momentum as taker selling intensifies.

The simultaneous rise in open interest alongside aggressive taker selling complicates the short‑term outlook, leaving traders questioning whether LTC will break through its moving‑average resistance or slide further. Analysts warn that without a shift in market structure, the current downtrend could persist, making this a critical juncture for any Litecoin price prediction model.

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