Litecoin and Algorand face technical resistance amid stalling momentum

Litecoin (LTC) is experiencing a period of stalling after reaching intraday highs of $54.19. Currently trading around $51.66, the asset shows signs of being overbought with an RSI at 70 and a flat MACD histogram. While the long-term moving average structure remains bullish, momentum appears exhausted, suggesting a potential corrective dip toward the $49–$50 range before any further upward movement.

Algorand (ALGO) is currently coiling at the $0.09 price level. The market is approaching a critical resistance point at the $0.10 mark, which serves as the 200-day SMA and a psychological barrier. A breakout above $0.10 with high volume could lead to targets of $0.12–$0.13, while failure to break through may result in a move toward the $0.08 support level.