Litecoin (LTC) Price Analysis 

Litecoin (LTC) has seen a staggering drop this week, falling by nearly 20% in the past seven days. Despite a fairly positive move and sentiment at the start of the week, a failure to sustain above $75 and an overall market correction caused LTC to plummet. On Wednesday, the cryptocurrency fell by 5.11% as it fell below its 20-day EMA and stabilized at $72.09. On Thursday, LTC saw an even bigger drop, breaking below the critical support level of $70 and falling to $65.41.

LTC fell by nearly 11% during the current trading session, falling to an intraday low of $56.83. Currently trading at $58.37, it has rebounded from the intraday low. If the price rebounds, we may see LTC move back above $60, which may indicate that the $55 level has buyers. Looking at the RSI, we can see that LTC is firmly in oversold territory and we may see a short-term bounce with the price having the potential to move back above $60.

#BTC走勢分析 #LTC📈 #LTC.24小时交易策略 #德国政府转移比特币 #MiCA Want to know more about the first-hand information and in-depth analysis of the currency circle? Click on the homepage to view the introduction, and bring you the latest market analysis and high-quality potential currency recommendations every day