Marginally higher but lacking a clear-cut direction, LTC is trading at $60.69 after ranging between $59.5 and $63.7 today.
Litecoin made an initial breakout above its 200 day Simple Moving Average at $60.71, a potential indicator of a newly emerging bullish phase. LTC is currently trading around the $62.04 Fibonacci resistance level. Despite this, although LTC is appreciating today after rising as high as $63.7, price action is now slowing and consolidating around $3.87 below the $64.56 resistance level.
Overall, looking at the technical analysis landscape, it seems LTC might continue pointing upwards in the short term.
Meanwhile, after ending today's session at $3.51, FTX Token lost $0.631 and is trading around $2.88. Dogecoin is trading around $0.083 (down $0.007). Binance Coin closed at $286.37 (down 5.62%).
Litecoin reached a significant high of $277.93 around 11 months ago but has lost 78.3% since then. LTC has a market cap of 4.34 billion with an average daily volume of 77.28 million.