Hi traders, like and follow if you agree with the analysis.
The sudden rise in LTC prices in the last few hours could lead to a retracement towards resistances (around $94) before rebounding to new highs.
The retracement is a natural consequence of the monetization of intraday/weekly investors who will liquidate their buy positions in the next few hours/days.
However, the uptrend of the entire crypto market remains apparently confirmed.
Good trading!
The sudden rise in LTC prices in the last few hours could lead to a retracement towards resistances (around $94) before rebounding to new highs.
The retracement is a natural consequence of the monetization of intraday/weekly investors who will liquidate their buy positions in the next few hours/days.
However, the uptrend of the entire crypto market remains apparently confirmed.
Good trading!