🧐 Moving Average Mystery: Is Litecoin Setting Up for a Golden Cross?
Forget the immediate red candles for a second and look at the bigger picture! While LTC/USDT is pulling back to $92.82, a long-term MA crossover could be brewing once this correction ends. Right now, the fast MAs are below the slow MAs—a bearish sign.
BUT, every time the price consolidates near the long-term averages (like that MA(99) at $96.81), it builds potential energy. A strong pump that pushes the MA(7) back above the MA(25) and MA(99) is what we call a Golden Cross moment, signaling a major trend change. Is this current dip just a launchpad? Food for thought!
LTCUSDT
دائم
86.23
+4.08%
#GoldenCross #LTC #CryptoAnalysis #PriceAction #FutureofFinance