LTC price shows bullish signs, bouncing back at $60 and retesting the $70 mark.
A recent death cross indicates Litecoin is officially in a downtrend.
A potential drop below $60 could lead to a significant 18% decline to $50.
Grayscale's legal victory sparks hope, leading to a market-wide recovery.
Despite a challenging year with a 4.85% YTD loss, Litecoin has seen a 12% reversal in the past two weeks.
The 50 and 200-day EMAs are emerging as new resistance points for LTC.
Technical indicators, including MACD and RSI, suggest a recovery is underway.
Market anticipation is high regarding the SEC's decision on Bitcoin ETF approval.
A positive SEC decision could propel LTC above $70, targeting close to $80.
A recent death cross indicates Litecoin is officially in a downtrend.
A potential drop below $60 could lead to a significant 18% decline to $50.
Grayscale's legal victory sparks hope, leading to a market-wide recovery.
Despite a challenging year with a 4.85% YTD loss, Litecoin has seen a 12% reversal in the past two weeks.
The 50 and 200-day EMAs are emerging as new resistance points for LTC.
Technical indicators, including MACD and RSI, suggest a recovery is underway.
Market anticipation is high regarding the SEC's decision on Bitcoin ETF approval.
A positive SEC decision could propel LTC above $70, targeting close to $80.