Usman Salis
⬤ Litecoin is doing what it does best—holding the $100 line. The coin has stabilized around this key support level once again, reinforcing its reputation as a reliable floor. As one analyst put it, "Litecoin bouncing and going sideways at $100 is the most cliché move ever. $100 is the best spot to stack $LTC." The level keeps acting like a magnet for buyers, proving its staying power.
⬤ The 30-minute LTC/USDT chart shows Litecoin defending $100 multiple times, with each test triggering a short-term bounce toward $102–$104. The RSI is climbing out of oversold territory, and the MACD is flashing early signs of a bullish crossover—suggesting the downward pressure might be easing up.
⬤ The idea of stacking LTC at $100 makes sense as a dollar-cost averaging play around proven support. But it's not risk-free. If Litecoin breaks below $100, technical traders are eyeing potential pullbacks toward $92–$94, especially if broader crypto sentiment turns sour or Bitcoin stumbles. The $100 zone is psychologically strong, but it's not bulletproof—disciplined risk management is key.
⬤ Litecoin's current behavior fits its historical playbook: short consolidations above $100 followed by sharp rebounds. That recurring pattern makes this level attractive for patient investors who believe in LTC's stability and long-term utility. Right now, Litecoin is trading near $102.8 on Binance, comfortably above support. Traders are watching for a push toward $106–$110 if momentum picks up, but $100 remains the line in the sand—the technical anchor and psychological benchmark for market confidence in LTC.
Usman Salis
