Overview
- Litecoin trades around $93–$95 today, down roughly 1–2% over 24 hours, with the $90 support back in view after a failed push higher.
- Repeated rejections near $101–$103 keep the widely watched $105 pivot unbroken, limiting near-term breakout claims.
- The coin remains confined to a roughly $90–$120 accumulation band that has persisted for nearly three years, with buyers repeatedly active near $90–$95.
- Analysts say confirmation is absent as volume remains muted, and LTC’s correlation to Bitcoin stays above 0.80, tying direction to BTC moves.
- Demand gauges are soft, with $7.26 million in cumulative net inflows to the lone U.S. spot LTC ETF, two recent negative funding prints, and open interest at 5.57 million LTC versus 8.80 million before October 10.