🔥 Litecoin on Fire! 🔥
Now trading at $123.77 (+11.41% in 24h as of Aug 5, 2025) — $LTC is surging! 😱
🌟 What’s Fueling the Rally:
• Big Move: Jumped from $110.72 with $1.36M LTC traded ($161.66M in volume).
• Tech Indicators: Bullish MACD crossover, RSI(7) at 92.43 (very overbought), key support at $103.16, resistance zone around $125–$130.
• Fundamentals: MimbleWimble upgrade = more privacy + BTC halving buzz adding fuel.
⚠️ What to Watch:
• Overheated RSI: At 92.43, a pullback to $110 is possible.
• BTC Influence: 60.69% dominance could slow LTC if BTC takes off.
• Profit Taking: Up 43.25% in 30 days — some may lock in gains.
📈 Trading Playbook:
• Bullish Case: Clear $125? Targets extend to $130–$150.
• Bearish Setup: Use stop-loss under $115; $103 is key downside level.
• Pro Tip: Scale in smartly — ride the trend, but DYOR!