📈 LTC short-term outlook is bullish; watch for a breakout above 62.3
Latest available snapshot as of October 21: LTCUSDT perpetual mark price at 61.40, up 2.88% over 24 hours, with $76.6 million in trading volume; OI at approximately $70.89 million, up 3.30%, and funding rate at +0.0034%/8 hours. The rise in both price and OI supports the rebound, but USD-denominated OI is affected by the coin’s price and cannot be equated directly with an increase in long positions. Data (https://fibonomy.com/en/futures/binance/ltcusdt)
Over the 24-hour period through 11:00 Beijing time, aggressive buying accounted for approximately 51.8%. Buyers had a slight edge, but buying pressure was not yet overwhelming. Source (https://bitcoinleverage.com/ltc/funding-rate)
The 4-hour RSI is 58.9; a real-time MACD value with a matching timeframe is unavailable. The outlook for the next 4–24 hours leans toward further gains: support at 60.55, resistance at 62.30, with 63.40 in view if price breaks above and holds that level on increased volume. If the 4-hour candle closes below 60.55, the bullish outlook is invalidated, with 59.26 as the next downside target. Technical reference (https://cn.coinotag.com/cryptocurrencies/spot/LTC/technical-analysis)
#LTC #LTCUSDT #莱特币 #Binance Futures
Latest available snapshot as of October 21: LTCUSDT perpetual mark price at 61.40, up 2.88% over 24 hours, with $76.6 million in trading volume; OI at approximately $70.89 million, up 3.30%, and funding rate at +0.0034%/8 hours. The rise in both price and OI supports the rebound, but USD-denominated OI is affected by the coin’s price and cannot be equated directly with an increase in long positions. Data (https://fibonomy.com/en/futures/binance/ltcusdt)
Over the 24-hour period through 11:00 Beijing time, aggressive buying accounted for approximately 51.8%. Buyers had a slight edge, but buying pressure was not yet overwhelming. Source (https://bitcoinleverage.com/ltc/funding-rate)
The 4-hour RSI is 58.9; a real-time MACD value with a matching timeframe is unavailable. The outlook for the next 4–24 hours leans toward further gains: support at 60.55, resistance at 62.30, with 63.40 in view if price breaks above and holds that level on increased volume. If the 4-hour candle closes below 60.55, the bullish outlook is invalidated, with 59.26 as the next downside target. Technical reference (https://cn.coinotag.com/cryptocurrencies/spot/LTC/technical-analysis)
#LTC #LTCUSDT #莱特币 #Binance Futures