Litecoin struggles near resistance, while Bitcoin's consolidation also puts pressure on Litecoin.
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According to CoinWorld, Litecoin is struggling to break through the $71.50 resistance level, with overall momentum in the cryptocurrency market remaining weak. Its price action is flat and closely linked to Bitcoin’s indecisive range-bound trading. Technical indicators remain bearish, with sellers dominating and a key resistance level near $73. Meanwhile, the optional MWEB privacy feature is still under development, which will further enhance Litecoin’s long-term value proposition in on-chain financial privacy.
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