Litecoin Eyes Rally Toward Resistance Before Potential Pullback

⬤ Litecoin is sitting near technical levels where it might catch a bounce after some recent weakness. The LTC/USD chart shows price hanging around the lower end of its range, setting up conditions for a possible move higher. Analysts suggest Litecoin could put together a solid rally from here to test resistance before heading back down.

⬤ The chart shows price bouncing between support and resistance zones over time, with Litecoin currently near the lower edge where bounces have happened before. If it recovers from here, it’ll likely aim for those higher resistance levels we’ve seen it test in the past.

⬤ Even if we see a rally, it probably won’t mean the trend is fully reversing. The setup points to a rise toward resistance followed by fresh selling pressure once that level gets tested. This would keep the broader range pattern going rather than kick off sustained upward momentum.

⬤ The current setup shows the two-sided nature of this market—short-term bounces can happen within a wider uncertain structure. If resistance holds again, we might see another leg down, keeping that familiar pattern of rallies followed by declines intact.

LTC-12,35%
Cette page peut inclure du contenu de tiers fourni à des fins d'information uniquement. Gate ne garantit ni l'exactitude ni la validité de ces contenus, n’endosse pas les opinions exprimées, et ne fournit aucun conseil financier ou professionnel à travers ces informations. Voir la section Avertissement pour plus de détails.
  • Récompense
  • Commentaire
  • Reposter
  • Partager
Commentaire
0/400
Aucun commentaire
  • Épingler

Trader les cryptos partout et à tout moment
qrCode
Scan pour télécharger Gate app
Communauté
Français (Afrique)
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)