Litecoin Faces Key Support Test as Shiba Inu Drops 10% Web3 ai Presale Raises $8.3 Million

Litecoin (LTC) has shown signs of weakness, with its bullish momentum fading and key support levels under threat. The Relative Strength Index (RSI) has dropped to 35.92, indicating a shift in momentum as selling pressure builds. Litecoin is trading below the red cloud on the Ichimoku Cloud chart, signaling strong resistance above and weak bullish momentum. The cryptocurrency is hovering near key support at $83.11, and if this level breaks, the next support to watch is $81.30. However, if LTC reclaims $89.31, a short-term rebound could still occur.

Meanwhile, Shiba Inu (SHIB) has experienced a 10% price drop over the past week, reaching a two-month low of $0.00001164. Bearish sentiment is growing, with the long-short ratio in perpetual futures falling to 0.9298, indicating more traders are betting against SHIB. Open interest has also decreased by 2.14% to $145.33 million, suggesting weaker market participation. Key support zones for SHIB are $0.00001167 and $0.00001061, and if the latter breaks, the price drop could worsen, potentially causing the coin to lose another decimal place.

With major cryptocurrencies under pressure, traders are turning their attention to presales, particularly Web3 ai. This AI-driven crypto platform offers a suite of trading tools designed to meet every user need. The presale has already raised $8.3 million, with over 22.5 billion tokens sold. Web3 ai's tools include a DeFi Yield Farming Advisor, Crypto Scam Detector, sentiment tracking, risk alerts, and automatic portfolio balancing. The platform's native token, WAI, is priced at $0.000443 and is projected to list at $0.005242, offering a potential 1084% return. WAI unlocks full access to the platform's tools, offers exclusive discounts, and provides holders with voting rights on key updates and future partnerships.

Litecoin's price movement remains uncertain, with a drop below $83.11 potentially leading to further losses, while a move back above $89.31 could trigger a short-term rebound. Shiba Inu's bearish sentiment is building, and if the price falls below $0.00001061, a deeper slide could follow. However, for those seeking the next crypto to explode, Web3 ai presents a compelling opportunity. Its native token, WAI, is still available at a low price, with a projected launch price offering a significant return. The platform's AI-driven features and structured roadmap set it apart, making it a top presale pick with 10x ROI potential. However, the price is expected to rise as the presale progresses, so early entry could maximize returns.