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$LTC LTC/USDT Market Outlook — 1H Chart Analysis & Future Projection
After a strong rally from $79.58 to $113.59, LTC has entered a corrective phase, currently trading near $103.5, showing around 4.5% decline in the last 24 hours. Despite the pullback, the structure remains technically healthy and suggests a possible short-term rebound.
🔹 Technical Overview (1H)
Support Zone: $101 – $102.5
Resistance Zone: $109 – $113
RSI: 37–45 range → indicating mild oversold conditions.
KDJ: Lines converging, hinting at a possible bullish crossover.
OBV: Stabilizing after a dip — showing that selling pressure is slowing down.
🔹 Multi-Timeframe Insight
1H: Short-term correction may soon face buyer interest near $101.
4H: Structure still forms a higher low pattern from the $79 base.
1D: Momentum remains above key trendline support; long-term structure favors gradual accumulation.
🔹 Future Prediction
If LTC maintains above the $101 support zone, the next rebound could retest $107.5–$110, where major resistance lies. A close above that level might open the path toward $115 in the medium term.
Conversely, a break below $100 may trigger a temporary retest near $97 before recovery resumes.
Summary:
LTC is cooling off after a strong surge, consolidating within a healthy range. Momentum indicators suggest potential for a short-term bounce if buyers defend the $101 area.
(This analysis reflects personal opinion, not financial advice.)