$LTC SHOOTS AND REACHES US$ 72! DID LITECOIN WAKE UP? 👀
Litecoin is taking center stage with an impressive move, hitting $72.30 and recording a strong gain over the recent sessions.
📊 The daily chart is drawing a lot of attention:
🔸 Price: US$ 72.28
🔸 High: US$ 72.30
🔸 MA7: US$ 62.04
🔸 MA25: US$ 55.18
🔸 MA99: US$ 48.00
🔸 24h Volume: US$ 102.68 million
LTC is trading well above the averages of the 7, 25 and 99 periods, while volume has also picked up along with the price. 🔥
And looking a bit further back, the move gets even more interesting: since the low near US$ 39.28, Litecoin has already surged about 84% up to the high of US$ 72.30.
After such a vertical rally, though, watch out for volatility: the market may either seek continuation or pull back, taking profit and testing again the regions that were broken.
The big question now is: has US$ 72 been reached, or is it just another step in this LTC recovery?
Who’s following Litecoin? 🚀
#LTC #LITECOIN
Litecoin is taking center stage with an impressive move, hitting $72.30 and recording a strong gain over the recent sessions.
📊 The daily chart is drawing a lot of attention:
🔸 Price: US$ 72.28
🔸 High: US$ 72.30
🔸 MA7: US$ 62.04
🔸 MA25: US$ 55.18
🔸 MA99: US$ 48.00
🔸 24h Volume: US$ 102.68 million
LTC is trading well above the averages of the 7, 25 and 99 periods, while volume has also picked up along with the price. 🔥
And looking a bit further back, the move gets even more interesting: since the low near US$ 39.28, Litecoin has already surged about 84% up to the high of US$ 72.30.
After such a vertical rally, though, watch out for volatility: the market may either seek continuation or pull back, taking profit and testing again the regions that were broken.
The big question now is: has US$ 72 been reached, or is it just another step in this LTC recovery?
Who’s following Litecoin? 🚀
#LTC #LITECOIN