- Litecoin trades after a 4% rise with an 88 -Dollaris range.
- The daily trading volume of LTC has jumped more than 31%.
The assets have mixed signals with the neutral sentiment of the crypto market. Bitcoin trades for $ 94.6,000, while Ethereum is at $ 1.8,000. Meanwhile, Litecoin (LTC) has registered a fixed 4.47% profits.
Litecoin opened the day at a low price of about $ 84.15 before the bulls took control. The resulting bulls have sent the price to high $ 90.88. The property has broken a significant obstacle to $ 89.77. LTC trading During the writing, between $ 88.61.
In addition, the market has been a $ 1.22 million litecoin liquidation according to Coinglass dataTo. In addition, the daily trading volume has increased by 31.93%, reaching $ 509 million.
Is LTC based on its recent care?
The four -hour price range of Litecoin reports a positive momentum, for further recovery of adequate space. The property can jump into its original obstacle between $ 89.78. When emptying this level, the LTC can reach $ 93 to the Dollar level.
Assuming that the overlooking of the ups is likely to be a negative zone, it will form a strong death cross. This allows Litecoin to re -support the 87.11 -Dollaris support. If it collapses, the price of LTC may fall back to the $ 84 limit, acting as a crucial price point for the property.
The LTC moving average approach (MACD) line has crossed the signal line, signaling the bullish crossover. The price trajectory may continue as the purchase pressure increases.
Moreover, the Chaikin cash flow (CMF) indicator is placed on 0.02, which means a light bullish prejudice, which has a modest capital inflow and a small positive purchase pressure on the market.
Daily relative strength index (RSI) 60.10 refers to a moderately strong positive impetus And may approach the oversugained territory. In addition, Bull Bear Power (BBP) shows 4,499 that bulls are currently on the market.
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