📊 LTC/USDT — Professional Analysis



Current price: $125.40 (+0.45%)
24h range: $122.07 – $128.15
Volume: 125.02M USDT

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🔍 Technical picture

A symmetrical triangle is forming on the 1H chart — this is a consolidation phase after a strong rise from $49.80 to $147.06. The price has closely approached the upper boundary of the figure (~$126–$128).

Key levels:

Resistances: $128.15 ➡ $130.53 ➡ $147.06 (historical high on the figure)

Support: $122.07 ➡ $109.13 ➡ $87.73

Global support: $49.80

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📈 Indicators

RSI(6): 77.22 — overbought zone ⚠️, a pullback is possible before a breakout.

MA(5) & MA(10): short-term bullish signal — MA(5) is above MA(10).

OBV: the volume is increasing, which confirms the interest of buyers 💪.

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✅ Pros

The growth of volumes and the positive dynamics of OBV 📊

The price is testing the upper boundary of the triangle — a chance for a breakout and acceleration of growth 🚀

MA(5) above MA(10), which signals a short-term uptrend.

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⚠ Risks

High RSI - a correction to $122–$120 is possible before a breakout

The resistance of $128–$130 may bring the price back to $109–$110

A loss of the level $109 will strengthen the bearish scenario with a target of $88

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📌 Prospects

With a confident breakout above $128–$130 and a consolidation above — the path opens to $147 and potentially $152–$155.
If the price retraces and consolidates below $122, a return to $110–$109 is possible.

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💡 Conclusion: LTC is on the verge of an important technical decision. For aggressive traders, entry is possible on a breakout at $128 with targets of $147+, for conservative traders — wait for confirmation of a consolidation.

🔥📈🚀 #LTC #
LTC-2.07%
MA33.08%
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CatInOldAlleyvip
· 7h ago
Just go for it💪
View OriginalReply0
CatInOldAlleyvip
· 7h ago
Just go for it💪
View OriginalReply0
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