$LTC hit a new 60-day low: the previous low was 47.65, and the current price is 44.66.
A new 60-day low reflects a short- to medium-term trend, mainly showing the shift in strength over the past two or three months. Trading value also rose to 1.8 times its previous level, so this break below the low was not a low-volume test.
Rather than trying to calculate where the bottom is, it’s more important to watch whether the price can reclaim 47.65.
A new 60-day low reflects a short- to medium-term trend, mainly showing the shift in strength over the past two or three months. Trading value also rose to 1.8 times its previous level, so this break below the low was not a low-volume test.
Rather than trying to calculate where the bottom is, it’s more important to watch whether the price can reclaim 47.65.