$LTC /USDT MARKET ANALYSIS

Looking at the 24 hour price movement we're seeing some interesting development.

Current price: $120.10

24h trading range: $119.5 - $129.12

Short term outlook

The current price action suggests consolidation after yesterday's volatility. The reduced trading volume in recent hours might indicate traders uncertainty before the next leg up.

Another development, I'm keeping tabs on is the $ETH 10th anniversary, Torch Relay and Referral contest linked to BingX, as a DeFi giant in the crypto space, the platform is putting users up for the Ethereum token reward, by completing simple tasks to earn Eth. Could it trigger a spike in the token price?