📈 Analysis and Prediction (LTC and FTM):
👉 #LTC/USDT - After correction, the price has moved in the opposite direction, showing potential bullish sentiment. The proportion of coins in profit indicates a possible uptrend. A market peak is formed when this on-chain metric crosses the threshold of 95%, meaning that 95% of all circulating #Litecoin supply is in profit. However, this indicator currently stands at 58%. This suggests that the token is far from saturation and retains significant growth potential. Forecast: Litecoin's price is currently slightly below the 50-day exponential moving average (EMA), coinciding with the $86 resistance level and the 50% Fibonacci retracement level of the $113-$58 move. If investors maintain a bullish sentiment, #LTC is likely to turn this resistance into support. This will allow the cryptocurrency to break the 61.8% Fibonacci level, located at $92. Breaking through this significant level will allow the price to continue rising towards $100. However, if the $86 level is not breached and LTC fails to surpass the 50-day EMA, the price will drop to $79. Losing this support will weaken the bullish scenario, leading to further decline to $71.
😁 #FTM/USDT - Forecast: Fantom's price is increasingly approaching the key support level of $0.93. The significance of this level is also increased by the presence of the 50-day exponential moving average (EMA) here. Falling through this level will lead to short-term losses, potentially causing #FTM to reach a minimum of $0.84. This will negate the bullish scenario and potentially send the altcoin towards $0.80.
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