Litecoin Consolidates Near Support as Resistance at $84.68 Forms Near-Term Focus

Litecoin (LTC) is currently trading near $82.94, holding above its support level of $82.37 following a 14% week-long decline. While price remains within the lower boundary of a multi-day consolidation range, traders are closely watching for potential breakout towards resistance at $84.68. The 4-hour chart reveals LTC is consolidating before potentially responding to the next technical level.