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Altcoins & DeFi

Litecoin Price Targets a $63 Rebound as 3 Critical Levels Take Shape

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Litecoin price is coming under fresh selling pressure, with LTC trading around $59.90 after falling 2.11% in the last 24 hours. Traders are monitoring whether the cryptocurrency can maintain its position above the $59 support zone and rebound toward $63, as technical indicators and derivatives data continue to signal market uncertainty. Also Read: Litecoin Price Looks Set for New Momentum as LTC Marks 15 Years The TradingView chart indicates that Litecoin has pulled back after rising above $70 in late September. The recent drop has taken LTC beneath the $64.45 resistance level, which had previously provided support during the price’s advance. On the daily chart, the price is trading below the 20-day Bollinger Band moving average, which stands at $67.07.

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