Litecoin’s value recently reached 128.02 USD, marking a notable increase of 4.18% over 24 hours. The support from whales at 113.4 USD was instrumental in driving this rise.
Technical analysis, including Moving Averages and Bollinger Bands, indicates strong bullish momentum for LTC. The asset shows a Relative Strength Index (RSI) of 57.04, leaving room for further growth.
With a 30-day volatility of 83.19%, Litecoin presents dynamic trading opportunities. Whale activities provide necessary liquidity, fostering stable price movements and optimism for long-term investors.
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