🚀 Analysis of the currency $LTC – Opportunity to buy from strong areas
💰 Current price: 96.4$
🎯 Upcoming targets:
• First target: 105$
• Second target: 118$
• Third target: 135$
🛑 Stop loss: 90$
Let's talk a bit about the currency $LTC – Litecoin 👇
Litecoin is one of the oldest and strongest currencies in the market, created to be a faster and lighter version of Bitcoin, with cheaper transactions and high speed, making it an excellent option for transfers and payments.
Historically, the currency always tends to rise after touching strong areas like the one we are in now.
🔎 Why do I see it as an opportunity?
• It is standing on very strong support at $95–100.
• RSI on the daily is coming out of an oversold condition → Positive reversal signal.
• MACD on the four-hour is close to a bullish crossover.
• There is a slight increase in volume supporting the beginning of an upward movement.
⚠️ Important notice:
This analysis is my personal opinion only and not financial advice, and everyone should study the market before making any decision
