BOSS Wallet data source, latest price news for Litecoin, LTC Litecoin real-time price rose 3.53% to $123.15, trading volume $3.828 billion

According to the candlestick chart analysis, it is currently in a consolidation trend. Compared to 15:00, there was a significant drop, but it has rebounded compared to 10:00. The price is decreasing while trading volume is increasing, which usually indicates that market selling pressure is rising, and sellers are actively selling.
This may be due to the market becoming pessimistic about future prices, or it may be triggered by negative news causing panic selling. Future prices may continue to decline, as the selling pressure is significant and market sentiment is pessimistic. Investors should be cautious about whether prices will break through key support levels; if support is lost, it could trigger a larger decline.
In a consolidation trend, trading volume is increasing while prices are decreasing. Based on the Williams indicator, the current market state indicates no overbought or oversold conditions. Recently, trading volume has increased, with volume higher than in previous hours, and prices are falling while volume is rising: selling pressure is increasing.

Market performance is not in line with expectations; it is recommended to continue observing and focus on key support levels, making cautious decisions.

The above content is for reference only and does not constitute investment advice.