Santiment Draws Attention to Two Altcoins! "One Gives a Bullish Signal, The Other Offers a Buying Opportunity!"
Ethereum-based Altcoin Loopring (LRC):
- Experienced a $5 million exploit leading to a significant decline.
- Santiment suggests it presents a buying opportunity for bottom buyers.
Litecoin (LTC):
- Number of unique and active addresses in the LTC network has doubled since June 4.
- Increase in network activity and RSI entering the opportunity zone signal a potential upward movement.
- LTC trading at $78.8 at the time of writing.
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Technical Analysis for LTC
Technical Sentiment Analysis for Litecoin (LTC) As of , Litecoin (LTC) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for LTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, LTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Litecoin (LTC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 25.537 | 35.304 | 45.967 | 55.734 | 66.397 | 76.164 | 86.827 |
| Fibonacci | 35.304 | 43.108 | 47.929 | 55.734 | 63.538 | 68.359 | 76.164 |
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