LTC/USDT

LTC has surged nearly 8% in the past 4 hours, signaling strong buying momentum. This move follows a sharp dip to around $111, where buyers stepped in aggressively, pushing the price back above key moving averages. The recovery suggests renewed bullish interest, with increasing volume supporting the rally.

The price has reclaimed the 50 EMA ($123.27) and is hovering near the 100 EMA ($122.86), indicating a potential shift in momentum. The 200 EMA ($120.12) remains a critical support level. If LTC holds above these levels, further upside toward $130 is possible. A failure to sustain above the 50 EMA could lead to a retest of lower supports.

The RSI is at 53.58, showing neutral momentum but trending upwards from oversold conditions, signaling potential further gains. The MACD histogram is turning positive, with the signal line curling upwards, confirming bullish momentum.

LTC needs to clear $125–$127 for a stronger breakout. A close above this zone may trigger a rally toward $135, while a rejection could send it back to test the $120 support. Bulls have the upper hand for now, but confirmation is needed.