$LTC [TECHNICAL ANALYSIS – LTC/USDT]
Timeframe: 15m
Trend: Short-term recovery
Sentiment: Cautiously bullish
Key Data:
• Current Price: 79.72 USDT
• 24h High/Low: 80.81 / 77.38
• 24h Volume: 368,416 LTC
• EMA(7): 79.57
• EMA(25): 79.33
• EMA(99): 78.90
• RSI(6): 62.13
• RSI(12): 59.12
• RSI(24): 56.94
Highlights:
• Price recently rebounded from a local bottom at 77.33 and is now holding above EMA(99), showing signs of a short-term bullish shift.
• All EMAs are aligned in a bullish formation, with the shorter-term averages above the longer ones.
• RSI values suggest moderate bullish momentum with room for more upside before becoming overbought.
• Volume has decreased slightly after the rebound, which could indicate caution or consolidation.
Conclusion:
LTC is in the early stages of a potential recovery after a pullback. The current setup is mildly bullish, but volume will need to increase for a breakout above 80.81. Watch for confirmation if momentum continues or if another retest of support occurs.
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