watch
Litecoin Pauses After 11% Rally — Mixed Signals Suggest Caution
I see Litecoin consolidating around $117.70 after an 11% run to $124.90; price is digesting gains rather than extending them immediately.
Technicals are mixed: RSI sits neutral while momentum shows a bearish divergence, even as the longer-term trend remains bullish.
I’m cautious here — I’ll monitor for a decisive break above the recent highs to confirm continuation or for weakness toward support before considering new exposure.
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Analysis
Neutral RSI combined with bearish momentum divergence suggests short-term exhaustion despite an intact bullish trend; confirmation requires a break above $125 for continuation or a break below roughly...
Recommendation
I’m watching price action and avoiding size-heavy new longs for now; consider buying on a clear breakout above $125 or on weakness toward established support, and manage risk tightly until technicals ...
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.