LTC bounced off the bottom of Ascending Channel on weekly ti | Bhavesh 07 on Binance Square

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Bullish

LTC bounced off the bottom of Ascending Channel on weekly timeframe
May be 60% Move upside to the top of the one📈#BTCvsMarkets 

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LESSON 193 What is fully diluted market cap and why should it be considered when analyzing tokens? Fully Diluted Market Cap (FDV) is the market capitalization calculated taking into account all future tokens, including those not yet issued. Why it's important: Many projects release only a small portion of tokens into circulation, and the rest are held by the team, fund, and investors. If the FDV is 10x the current capitalization, that's a signal that there will be a lot of pressure on the price as it unlocks. Investors should evaluate the future inflation of the token to understand the risks. Don't just look at price and turnover - look at the whole iceberg. #BTCvsMarkets

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#BTCUSDT Bitcoin is in a bullish position. As you can see in the chart, the price has managed to bounce back nicely after hitting the support area. We expect the price to at least reach the ceiling of the pattern and even reach $150,000. #BTCvsMarkets

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XRP Ripple is breaking above the upper boundary of the descending triangle on the 2D chart The price has shown strength after bouncing off the key support zone A breakout above the MA 50 could trigger the next leg up towards $3.40 🎯#XRPETFs

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#ZEC/USDT ANALYSIS ZEC is rebounding from the support trendline of the ascending triangle pattern. It is currently testing the Ichimoku Cloud, which is acting as support. A breakout from the pattern could confirm a bullish trend. Keep a close watch on it.#ZECUSDT

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💰 #SOL continues its recovery We can already say that the coin has successfully exited the three-month peak ⬇️. The downtrend is coming to an end. According to my forecast, the price is rising. All thanks to liquidity removal under the global support zone at ~$115 and ~$125. This false breakdown was the trigger for the reversal 📈. Now we can state the fact that the price has returned to the range, relevant for more than a year. It is sideways after the growth at the end of 2023 - beginning of 2024. The nearest resistance for the price here is the 200-day EMA and the mirror zone between ~$180 and ~$195. It is most likely that the price will gradually move towards them 🎯 👑 #solana

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