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Litecoin (LTC) struggles less than $ 70 with a 14 % decrease in the maximum market

  • Litecoin (LTC) is trading at $ 67.02 after a daily sharp decrease by 15.13 %.
  • The maximum market decreased by 14.55 % to $ 5.06 billion.

Litecoin (LTC) is trading at $ 67.02 after a decrease of 15.13 % in the past 24 hours. The market value is now 5.06 billion dollars, which reflects a decrease of 14.55 %. Despite this RecessionThe daily trading volume increased by 301.99 % to $ 1.13 billion. The volume of size to the market is currently 22.27 %, indicating high -term fluctuations and increased trading activity.

The total width and the maximum supply are still crowned at 84 million LTC, with 75.55 million already traded. This full structure maintains inflation, but it does not protect LTC from market corrections. However, Litecoin briefly regained $ 69.50, indicating a temporary rise after touching its lowest levels during the day.

Is Litecoin preparing for reflection?

Technically, he finds Litecoin direct Resistance near $ 72. A confirmed closure can open on this threshold the road to $ 76, as the previous monotheism occurred. However, failure to keep more than $ 66 may send prices to $ 62. If this level erupted, there is possible a sharp decrease of about $ 58, in line with the last sale pressure.

RSI is located in 31.31, barely above the sales threshold. The average average period of 14 points is at 33.11, which indicates that the momentum remains weak, but it may settle if the buyers enter. Rsi budget tips to a short -term possibility, although there is no constant confirmation.

CHAIKIN Money Flow (CMF) is located at -0.19, indicating continuous capital flows from LTC markets. A negative CMF This deep reflects a feeling of dangers and limited institutional support during the last sessions. Until CMF returns over zero, accumulation remains unlikely.

Litecoin is trading under severe pressure but shows signs of short -lived support. Large size nails indicate surrender rather than confidence. RSI and CMF refers to excessive sale conditions, but not yet the opposite of the direction. Market participants may notice a range of 66 and 72 dollars in evidence.

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