Litecoin fell below the $90.00 level on Monday, as sentiment in cryptocurrency markets remained mostly bearish. The global market cap is down 1.87% at the time of writing, which seems to be a result of the upcoming Federal Reserve interest rate decision. Solana was also in the red today.

Litecoin (LTC)

Litecoin (LTC) was down for a second straight session on Monday, as markets prepared for the upcoming United States Federal Reserve policy decision.

LTC/USD dropped to low at $86.83 earlier in today’s session, which comes 24 hours after trading at a high of $91.39.

Today’s drop in price has pushed litecoin to its weakest point since last Wednesday, when the token was at a low of $84.21.

Looking at the chart, Monday’s move came as the relative strength index (RSI) fell to a support level at 44.00.

At the time of writing, the

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Author: Eliman Dambell

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