June 29 (Cointime) - Litecoin's recovery was halted below a previous lower high of $97.6, but there is potential for a pivot due to an uptick in Open Interest rates and flat CVD.

Following the hawkish stance by US Fed Chair Jerome Powell and EU counterparts during the ECB Forum on Central Banking 2023 meeting, Litecoin sustained a 5.73% loss on 28 June, while Bitcoin eased to $29.85k and bounced back to the $30k zone.

Bulls must watch out for the bearish region from $95 - $103 (red), while a drop lower to the demand zone near $75 is possible if bulls fail to clear the $85.55 hurdle.