Litecoin Faces Uncertainty Amidst Bitcoin’s Strength

Litecoin (LTC) currently exhibits indecision, struggling to maintain momentum near its support level of $80. This comes as the LTC/BTC pair experiences weakness, impacting short-term price action. 24-hour charts reveal shallow rebounds for Litecoin while Bitcoin remains comparatively strong. Traders are actively seeking scalping opportunities in the lower time frames, closely following Bitcoin’s intraday direction to guide their trades. Despite some attempts to hold its ground near $80, LTC’s overall structure suggests a lack of consistent upward pressure.