🔥 Litecoin woke up after Powell’s speech – but is it just a spark or the start of a fire?
Fed Chair Jerome Powell dropped a dovish hint on Friday – signaling that a rate cut in September is on the table.
Markets reacted instantly:
Bitcoin (BTC): +3.5%
Ethereum (ETH): +12%
Litecoin (LTC): +6–8% intraday
💡 Why LTC pumped:
Lower rates = weaker dollar → risk assets like crypto shine.
LTC thrives as a payments coin (low fees, fast settlement).
Hashrate steady, miners safe above $80 → strong fundamentals.
📊 LTC Technical Levels to Watch:
Resistance:
$132 (break here = rally toward $150–160).
Support:
$113 (Powell catalyst zone).
Psychological floor: $100.
⚖️ Outlook:
Bullish: If $132 flips → $150–160 in play.
Bearish: Lose $115 → possible retest of $100.
September FOMC decision = make or break moment.
👉 Question is: Will Litecoin finally break out of its “silver to Bitcoin’s gold” label and run ahead of the pack?
💬 What’s your LTC target before September FOMC?
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