Litecoin Pauses After 11% Rally — Mixed Signals Call for Caution
I see Litecoin consolidating around $117.70 after an 11% rally that peaked near $124.90. Momentum has started to diverge bearish while RSI remains neutral, so the immediate upside looks uncertain.
Despite the underlying bullish trend, mixed technical signals make me cautious — I want to see either a clear breakout above recent highs or a pullback into support before committing more capital.
Analysis
Recommendation
Hold and monitor: avoid initiating aggressive new longs now. Prefer buying on weakness toward support or waiting for a confirmed breakout above $125 with renewed momentum and volume.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.