Litecoin Holders Take Profits — Sell Activity Hits 2-Month High
Litecoin ($LTC) holders are cashing out as Santiment’s NPL data shows the highest profit-taking since March 24. Another smaller spike was seen on Monday, indicating rising selling pressure. The Age Consumed metric also spiked, suggesting long-dormant coins are on the move—often a bearish signal.
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LTC Price Outlook: Dead-Cat Bounce Ahead?
LTC broke below its trendline and 200-day EMA at $93.70 last week, dropping over 8%. It’s now hovering near $89.30, with a possible dead-cat bounce toward the $93.70–$95.80 resistance zone. If rejected, prices could fall back to $83.31 or even $77.19.
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#LTC #MarketRebound #PCEMarketWatch #MarketPullback $LTC $BTC $XRP
