Litecoin’s hash rate reached an all-time high, reflecting robust miner engagement. As the price dropped to 94 USD due to profit-taking, key on-chain metrics suggest decreasing selling pressure, which may support price stability.

With the Stochastic RSI indicating that LTC might be undervalued, there are hints of possible upward momentum. Furthermore, reduced LTC exchange reserves indicate investors are retaining their holdings, enhancing market confidence.