#XRPETF
Quick analysis LTC/USDT (15 min):
Currently, LTC is moving within a well-defined ascending channel on the 15-minute timeframe, with a price around 86.68 USDT (+0.27%).
We observe:
Trend: Gradual rise within the channel.
RSI (14): At 54.46, indicating a neutral zone, with no overbought or oversold conditions, but with a slight bullish bias.
Stoch RSI: Around 79.22 and 62.66, close to the overbought area — caution regarding a possible short-term correction.
Volume: Relatively stable, with no recent massive spikes.
The price is still respecting the bullish channel. A break above 87 USDT could lead to a new bullish momentum.
Conversely, a break below 86 USDT could signal a reversal or a test of the bottom of the channel.
Caution: The Stoch RSI suggests that a small correction could occur before a new attempt to rise.
Possible plan:
Monitor the support at the bottom of the channel for purchases.
Be vigilant if the RSI drops below 50 and if the Stoch RSI crosses downwards.
