Litecoin is moving in a narrow range ($67.75–$68.98) with low volumes. Data shows: RSI on 1h: 62.6 (neutral-bullish). RSI on daily: 32.9 (close to oversold). Yearly: decrease -42.6%
What we see:
On small timeframes ➖ boring sideways, on daily ➖ signs of oversold against the backdrop of a long-term decline.
The main question:
Is this accumulation before a breakout to $70+❓ Or is it calm before another drop within the overall bearish trend❓
What’s your bet on LTC? 👇
⚡ I'm buying at support ➖ waiting for growth to $70
📉 I'm waiting for a breakout $67.7 ➖ for a short to $66
🔄 I'm playing in the range ➖ scalping $68–$69
😴 I'm ignoring ➖ no movement, no interest
Write in the comments if you remember the times when LTC was at the top, or do you consider it an outdated alt.
