Phoenix Rises! How LTC Bounced Back from $93.22

$LTC

Talk about resilience! The LTC/USDT pair just proved why you can't count out the "Silver to Bitcoin's Gold." After dropping to a swing low of $93.22, Litecoin staged a breathtaking comeback, pushing the price over $105.90 and achieving a major 24-hour gain of over 11%.

$LTC

This strong bounce clearly indicates that key support levels held firm and that dip buyers were waiting for their opportunity. The price is now trading comfortably above the major MAs, and the short-term trend is undeniably positive. This swift recovery shows a healthy market with strong demand, suggesting the recent low may have been the local bottom. Time to see if it can challenge the $109 high next!

$LTC

LTC
LTCUSDT
45.44
-22.72%

#LTCPrice #CryptoRecovery #SupportAndResistance #DipBuying #ChartPattern