- LTC/USD is rangebound, supported by SMA50.
- The short-term upside potential is not exhausted.
Litecoin (LTC) is stuck in a range limited by 23.6% Fibo retracement from the recent upside move at $90.00 and 38.2% Fibo retracement at $84.50. The price attempted a bearish breakthrough on Thursday, but fresh buying interest on approach to $80.00 helped to return to $88.30 by the time of writing.