Litecoin holds $49 support ahead of Fed decision
- —LTC trades near $51.20 after a 3.5% drop in the previous session
- —Key support is $49; a break below targets $42 next
- —RSI at 38-39 signals weak but near-oversold momentum
- —Resistance has formed in the $53.50-54 zone
Why it matters: Holding $49 keeps a recovery possible, while a break opens the way to $42 amid expectations for the Fed decision.
Source: Coin Türk