FenzoFx—Litecoin surged to $99.5 in the Tokyo session but failed to hold gains, dropping below $97.85. LTC/USD is now consolidating at $96.60, with sellers gaining control.
Since LTC has already exceeded its daily range, a further pullback is expected. The weekly low zone of $93.50–$93.00 could offer a low-risk buy entry.
The bullish outlook remains intact as long as LTC holds above $93.00, with targets at $96.5 and $97.88 this week.
Since LTC has already exceeded its daily range, a further pullback is expected. The weekly low zone of $93.50–$93.00 could offer a low-risk buy entry.
The bullish outlook remains intact as long as LTC holds above $93.00, with targets at $96.5 and $97.88 this week.
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Knowledge Should Be Free – And So Is Your Path to Trading Success.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.