$LTC The current price action of LTC indicates a corrective trend, with its price dropping by 2.99% to reach $81.52. This decline is attributed to persistent selling pressure and a decrease in whale activity.
*Technical Indicators:*
- The RSI indicates that the market is in the oversold zone (40.5)
- Moving averages indicate a sell
- Candlestick analysis shows a downward trend
*Influencing Factors:*
- _Decrease in whale activity_: The number of whales $LTC has decreased, indicating a decline in confidence among large holders.
- _Selling pressure_: The wide gap between EMAs indicates strong bearish momentum.
*Future Expectations:*
- LTC is expected to range between $81.00 and $86.00 in the coming days.
- It may reach $91.39 if the bullish momentum continues ¹ ² ³
LTCUSDT
Perp
84
+1.03%
Please note that these projections are not a recommendation to buy or sell, and you should conduct your own research before making any investment decisions.
