Price ReactionsLitecoin exhibits a downward trend on the weekly timeframe, defined by a descending trendline. Recent lag in growth led to a revisit of the descending trendline area, causing a decline. The orange support box at the Fibonacci 0 level is a crucial support area, influencing price reactions. Anticipate price fluctuations between the support box and the descending trendline. A breach on either side could have a significant impact on the overall price direction.2/3/20241 min read