Last Monday, Litecoin (LTC) reached $92.5, its highest value since May 2022. LTC strengthened along with other digital currencies as capital returned to stock markets.
However, on the night of Tuesday, January 24, lightcoin fell in price to $89.8. The cryptocurrency is now capitalized at just over $6.477 billion.
In the range from $92 to $93 there is a zone of strong resistance, which LTC could not break. Traders, who previously purchased LightCoin at prices above $90, started selling.