🔥UPDATE: $LTC
#LTCUSDT Reclaims Key Levels as Structure Improves — Momentum Faces Short-Term Test
Litecoin continues to show constructive price action, rebounding from recent lows while supported by strong on-chain fundamentals and long-term scarcity narratives. However, short-term technicals suggest a pause may be needed before further upside.
Market Structure
LTC formed a higher low around $65.2 and has since reclaimed the $68–69 range, signaling short-term structural recovery. Price is now consolidating near $70, indicating strength but also proximity to local resistance.
Key Levels
Support:
$68.3–68.6 (recent demand & EMA support)
$65.2 (major swing low / invalidation)
Resistance:
$70.6–71.0 (local supply zone)
$74–76 (next expansion zone if breakout confirms)
Volume & Flow Analysis
Positive money flow and notable large inflows suggest continued accumulation.
Price holding above key short-term EMAs confirms buyers remain in control structurally.
However, volume expansion is moderate, signaling controlled — not explosive — upside.
Momentum & Risk Factors
MACD has crossed bearishly, pointing to short-term momentum loss and possible consolidation.
RSI (6-period) is overbought, increasing the probability of sideways movement or a shallow pullback.
Institutional ETF narratives remain speculative, with no confirmed spot inflows yet.
Fundamental Tailwinds
Strong on-chain activity (246K active addresses).
91.3% of total LTC supply already mined, reinforcing long-term scarcity.
Ecosystem upgrades like LitVM continue to strengthen Litecoin’s utility narrative.
Outlook
As long as LTC holds above $68, the recovery structure remains intact. A clean break and hold above $71 could open continuation toward $74+, while rejection may result in range-bound consolidation before the next move.
Bias: Moderately Bullish (strong structure, short-term momentum cooling)
