Litecoin Price Hinges on FOMC Decision Amid Volatility and Breakout/Breakdown Risk

Litecoin's price has been trading near $51 after a decline of about 3.5% in the previous session, taking it from an opening level near $53.15 to a close around $51.26.

The current market structure is fragile, and the outcome of the Federal Reserve's September FOMC decision could add volatility to the Litecoin price.

A decisive breakdown below the critical support zone of $49-$50 could shift attention toward lower supports, while a sustained recovery above this area could preserve the possibility of a range reversal.