LTC Stuck in Range Below Key Moving Averages
LTC is stuck in a tight range below converging short-term moving averages, with momentum indicators flatlining.
The bear case carries a 60% probability, and a close below $44.95 would be a crucial break.
The market's indecision is palpable, with buyers hesitating and sellers not pressing their advantage.
Trading at $45.30, LTC has carved out a narrow range, with the MACD histogram reading near-zero and RSI at the midpoint of its range.