$LTC from 59.41 to 47.37 saw a continuous downward drift, and only then started to stabilize. A 4-hour timeframe has entered a bottoming-and-rebound phase, and the long-term narrative is also heating up.
1. Breaking the ecosystem: The Litecoin community is advancing the LTC-20 token standard proposal. If it gets implemented, it would be the first time giving the LTC chain on-chain asset issuance capability—its biggest narrative catalyst for ecosystem expansion. The MWEB privacy upgrade is also continuing to roll out.
2. Cycle support: The next Litecoin halving is expected around August 2027. We are currently in the accumulation window before the halving. Historically, 6 to 12 months before a halving often see funds move in early, and the medium-to-long term bottom support is solid.
LTCUSDT is rebounding from a base. Current price: 52.67. On the 4-hour chart, MACD has formed a bullish cross from below the zero line, and RSI is 68.96, which is on the strong side. Price is standing above the MA7 and MA25 overlapping zone and is edging closer to the MA99 overhead resistance.
Direction: Long
Entry: 51.8-52.5
Take profit: 52.95 - 54.71 - 57.36
Stop loss: 50.1
1. Breaking the ecosystem: The Litecoin community is advancing the LTC-20 token standard proposal. If it gets implemented, it would be the first time giving the LTC chain on-chain asset issuance capability—its biggest narrative catalyst for ecosystem expansion. The MWEB privacy upgrade is also continuing to roll out.
2. Cycle support: The next Litecoin halving is expected around August 2027. We are currently in the accumulation window before the halving. Historically, 6 to 12 months before a halving often see funds move in early, and the medium-to-long term bottom support is solid.
LTCUSDT is rebounding from a base. Current price: 52.67. On the 4-hour chart, MACD has formed a bullish cross from below the zero line, and RSI is 68.96, which is on the strong side. Price is standing above the MA7 and MA25 overlapping zone and is edging closer to the MA99 overhead resistance.
Direction: Long
Entry: 51.8-52.5
Take profit: 52.95 - 54.71 - 57.36
Stop loss: 50.1
