๐ Litecoin Price Update (17 Aug)
Litecoin (LTC) is riding a bullish wave, pushing toward the $125 mark. ๐ Strong buying demand has lifted the price to $123, up 3% in 24 hours. Trading volume surged to $38.4M, showing fresh market interest. RSI at 57 signals that buyers currently have the upper hand. ๐ฅ
โณ On the 4-hour chart, bulls are holding LTC above key EMA trend lines, though bears are trying to defend against further surges. The BoP indicator at 0.69 suggests a minor correction attempt. Still, the MACD shows green candles above the signal line, hinting at continued bullish momentum. โ
๐ฎ Looking ahead, if $LTC sustains momentum and breaks $128.93, it could climb to $138.14. ๐ But if bulls fail to hold, price may fall below $115.54 and correct toward $103.82. โ ๏ธ Traders should watch these key levels closely as volatility remains high. ๐
#CryptoIntegration #MarketTurbulence