Litecoin (CRYPTO:LTC) is undergoing a phase of consolidation as indicated by trading below key Exponential Moving Averages (EMAs) and facing resistance at the 4-hour Ichimoku Cloud baseline.

Despite challenges, the Relative Strength Index (RSI) suggests potential undervaluation, signaling a possible bullish recovery.

Additionally, a surge in active addresses from 340,000 to 860,000 reflects heightened user engagement, potentially driving LTC's price upward.

Strategic recommendations include monitoring key resistance levels and considering Litecoin's MVRV ratio for informed decision-making.

This dynamic scenario emphasises the importance of balancing bullish opportunities with risk management strategies in Litecoin trading.