$LTC This coin, in theory, has the potential to rise much higher, but it has not yet shown the necessary strength. For now, it is only reacting: a correct, clean movement, but not enough to speak of real expansion. The area I have highlighted is the level it must decisively regain. I want to see the price stabilise above that line, not just touch it and then fall back. When the market exceeds an important level and remains above it, it means that it is not just a spike, but that there is intention behind the movement. In the coming days, it will all be a matter of confirmation: if volume enters and the price rests on that level without falling back into the range, then a serious expansion can begin. On the weekly chart, the LTC/BTC pair is entering compression. The price is tightening more and more within this zone, without losing the key level, and this is exactly the type of behaviour that precedes a significant directional movement. The dynamics are very similar to those shown by XRP a few months ago: same slow build-up, same absorption candles, same 'silence' before the expansion. When the market stops falling and begins to compress horizontally, it means that liquidity is accumulating. If it breaks this structure upwards, the move could be big.
96.07K
1.02K
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.