💡 Quick technical analysis:


✅ Strong rise! After dropping to 80.99, Litecoin has strongly risen to 93.70, with a notable increase of +4.69% in the last 24 hours.


✅ RSI at 70.71, close to the overbought zone – indicating strong momentum but caution is advised for a potential short-term correction.


✅ MACD at the balance point, still needs confirmation of a new bullish crossover, meaning the market may be in a waiting phase for the next surge.


✅ Moderate trading volumes, with a previous jump during the sharp rise, indicating the entry of institutions or large investors.


$LTC

✅ The price is above the short-term moving averages (MA5 and MA10), reflecting the continuation of positive momentum so far.


🚀 Expected scenario:


If LTC breaks the recent peak at 93.70, we might see a surge towards 96.00 and possibly 100.00 in the short term. In case of a pullback, the 91.00 - 89.00 area might provide good support for a bounce.


$LTC

🔥 Is LTC preparing for the next explosion?!


With the anticipated ETF news from 'Canary Capital' and the possibility of attracting new liquidity, this could be the beginning of a larger upward wave – but the market is unforgiving to those who delay!


📌 Important tips:

  • Don't enter without a plan: set a stop loss below 91.00.

$LTC

📢 What do you think? Will LTC surpass the $100 level soon?! Share your prediction! 🚀👇


#LTC