Core Insights - Litecoin (LTC) price remains stable above a significant support level around $118, indicating resilience in the market despite recent fluctuations [1] - The market momentum has experienced a temporary slowdown due to the postponement of Canary Capital's spot Litecoin ETF, which may impact investor sentiment [1] Price Analysis - Litecoin is currently trading above the crucial support zone of $118, suggesting a strong foundation for potential price recovery [1] - The delay in the ETF launch has contributed to a cooling in market momentum, which could affect future price movements [1]