CandleFocus Will Litecoin (LTC) Flash a Bullish Signal on the Charts This Week?
2025-02-10
Author: Content Editor
The crypto market is experiencing mixed signals, with Bitcoin holding at $96K and Ethereum trading at $2.6K. However, Litecoin has seen a 6.39% surge, leading the gainers. The asset initially fell to $102.52 but later rose to $113.84. The market has also observed a liquidation of $1.94 million worth of Litecoin. Over the past week, LTC has surged by 21.31%. An analyst believes Litecoin is in a long-term accumulation phase and expects a breakout in the next two years. The asset has formed higher lows and may have room for further upside recovery. The MACD line and CMF indicator suggest a bullish movement, while the RSI indicates neutral momentum. Traders are advised to conduct their own research before investing.
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