📈LONG: $LTC by Cryptobees_buzz (1H)
Current Price $78.64
Market Cap $5.87B
Change 1h +0.15% | 24h +1.29%
Hourly Indicators:
• RSI: 59 - Neutral 🟠
• MACD: 0.05 - Bullish 🟢
• EMA: 77 - Above 🟢
Analysis: Litecoin is showing a bullish breakout as it surpasses the resistance level and descends trendline, indicating a potential upward movement. This breakout is a promising signal for those looking to go long on LTC, as it indicates increasing buying pressure and momentum.
Price Targets: The next significant resistance level to watch is around $80.4. If LTC maintains its bullish trajectory, traders might target this level. On the downside, support is observed at around $77.68 and $77.56, making it a crucial area to monitor for potential pullbacks.
