# Litecoin Falls 4.92% as Short-Term Technical Pressure Builds By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/30968 Published: 2026-10-13T09:11:44.000Z Updated: 2026-10-13T09:11:44.000Z Section: Investing > LTC remained above its 50-day and 200-day moving averages, while Binance positioning data showed weak near-term momentum. Litecoin (LTC) fell 4.92% over 24 hours to $62.55 on Oct. 13, remaining below several short-term trend measures while holding above its longer-term moving averages. LTC traded between $59.41 and $65.86 during the session. The price was below the seven-day simple moving average at $63.57, the 20-day average at $67.74, the 12-day exponential moving average at $64.83 and the 26-day average at $63.95. The token remained above its 50-day average at $59.18 and its 200-day average at $51.81. Technical levels identified as support were $59.35 and $56.16, while resistance stood at $65.80 and $69.06. Momentum readings were mixed. The relative strength index was 46.80, while the MACD and signal line both stood at 0.8847, leaving the histogram at 0.0000. The convergence showed that the two lines had met but did not establish a bearish crossover. Bollinger Bands placed the upper band at $74.73, the midpoint at $67.74 and the lower band at $60.75. LTC’s %B reading was 0.1288, putting the price close to the lower band. Binance Futures open interest stood at approximately 1.2 million contracts, with a notional value of about $76 million, up 2.59% over 24 hours. The Binance eight-hour funding rate was 0.0014%. Binance’s one-hour taker buy/sell ratio was 0.9101, based on 29,459 buy contracts and 32,370 sell contracts. At about 3 a.m. ET (07:00 UTC), Binance account-level positioning was 67.5% long and 32.5% short. Binance top-trader positioning was 74.7% long and 25.3% short. The latest decline followed Litecoin’s move near $68 on Oct. 7, when [technical levels put $64.21 support in focus](). The current readings leave LTC below its short-term averages while the market price remains above its 50-day and 200-day averages. ## Links in this article - [technical levels put $64.21 support in focus](https://www.tokenpost.com/news/investing/27320)