This summary text is fully AI-generated and may therefore contain errors or be incomplete.
The price of Litecoin (LTC) is currently falling and trading within the range of $60 to $70. The presence of doji candlesticks is limiting the altcoin’s price movement, and it is trapped between the moving average lines. If the bears break the 50-day SMA, the price will fall into the $60 to $70 range, while if the bulls breach the barrier at $70 or the 21-day SMA, Litecoin will resume its uptrend. The cryptocurrency is expected to fluctuate and fall when the price bars on the 4-hour chart fall below the moving average lines. The resistance levels for Litecoin are $100, $120, and $140, while the support levels are $60, $40, and $20. Currently, Litecoin is bearish but stuck in a range, and a rejection of the $72 high could cause further decline. It is worth noting that this movement between $60 and $70 has been observed before and is expected to continue for a few more days.