At $65.53, $LTC shows promise with a 2.22% gain over the past week đ and a solid 8% rise this month. Despite a slight 3.25% dip in the last quarter, it's holding strong over the year. What do the key indicators reveal? Let's dive in:
đ§ RSI stands at a neutral 50, indicating no major buying or selling pressure.
đ SMA at 66.03 and EMA at 65.69 show balanced momentum.
đ MACD is mildly bullish at 0.08, but not enough to declare a strong uptrend.
đ„ AO closing at 0.85 hints at slight optimism among traders.
While volume has cooled down, increasing market cap shows renewed interest. Keeping an eye on whale activity and potential ETF news could be pivotal in predicting significant movements in Litecoinâs price.
#Litecoin #LTC #Analysis
