THELOGICALINDIAN - Litecoin LTC and Binance Coin BNB are the advance beasts affective the bazaar college afresh Back aftermost anniversary the above is up 28 percent Prices are now at the accomplished theyve been back October 2024 and the altcoin appears set to cleft 70 over the shortterm
1-HR Chart
The $55 to $56 area is accouterment some advance back. In backward February, assets aloft $54 accepted abortive and Litecoin (LTC) alone 20 percent afterwards topping out at $53.41. At the time of writing, LTC has pulled aback from $58.71, bottomward out of the ascendance approach and beneath the 12 and 26 EMA to blow on top of the 50 MA at $55.25.
Litecoin is acceptable demography a moment to consolidate and regather backbone afterwards traders took profits abreast $58. Traders should accumulate an eye for LTC to cantankerous aloft the 20MA on the Bollinger Band indicator. A move aloft the high arm at $57.51 would accompany the altcoin afterpiece to re-entering the ascendance approach at $58.
Weekly Chart
The account blueprint shows Litecoin as the advance bull, as it has abiding able-bodied and is now commutual its fifth anniversary aloft the abiding bottomward trendline. Litecoin (LTC) now trades aloft the 200MA.
Happy trades accompany and, as always, amuse use a stop loss.
Do you anticipate Litecoin (LTC) will accouterment $70 afore Monday morning? Let us apperceive what you anticipate in the comments below!
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