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Litecoin good points consideration with a buying and selling quantity surpassing $1 billion, securing its place among the many high 10 cryptocurrencies.
Highlighting Factors
- Litecoin’s buying and selling quantity surpasses $1 billion, securing its place among the many high 10 most traded cryptocurrencies globally.
- The present worth of Litecoin is $94.05, with a 24-hour buying and selling quantity of $5.4 million and a lower of practically 3%.
- Key technical indicators for Litecoin embody a big assist on the $93.35 stage and robust resistance close to $98.45.
- Wall Avenue Memes achieves a profitable presale, elevating over $13 million for its meme coin $WSM, providing potential good points for traders.
Litecoin, one of many distinguished cryptocurrencies, has garnered vital consideration out there, with a buying and selling quantity surpassing $1 billion. In consequence, Litecoin has secured its place among the many high 10 most traded cryptocurrencies globally.
This growth has sparked curiosity amongst traders and observers, resulting in the query. Let’s discover the technical indicators and patterns on this Litecoin worth prediction.
China 🇨🇳 Likes $LTC
Hong Kong loves Litecoin. #hongkong
Now #1 buying and selling quantity and is up 2.61% pic.twitter.com/FGpgUQxUTo— Lite (@liteltc20) June 1, 2023
Litecoin Worth
The worth of Litecoin at the moment stands at $94.05, accompanied by a 24-hour buying and selling quantity of $5.4 million. Over the previous 24 hours, Litecoin has skilled a lower of practically 3%.
Presently ranked at #11 on CoinMarketCap, Litecoin holds a dwell market cap of $6.8 billion.
With a circulating provide of 73,326,202 LTC cash and a most provide of 84,000,000 LTC cash.
Litecoin Worth Prediction
Upon analyzing the technical points of Litecoin, we observe that it has a 61.8% Fibonacci retracement on the $93.35 stage, recognized as a big assist.
Conversely, it faces sturdy resistance close to the $98.45 stage, strengthened by the 50% Alternative stage.
By way of indicators, the 50-day exponential shifting common acts as a resistance across the $99 stage, whereas the relative power index (RSI) and shifting common convergence divergence (MACD) indicators are at the moment within the promote zone, with RSI at 31 and MACD at -0.11.
If the assist stage at $93 is breached, we might witness a downward motion towards the following key assist stage at $88.9, marked by the 78.6% Alternative stage.
Additional downward strain might push LTC towards $83.86 and even $82.
Alternatively, within the occasion of a bullish breakout above the $98.45 stage, the following resistance ranges to observe are $102 and $107.
Various Coin: Wall Avenue Memes
Wall Avenue Memes, a well-liked on-line group for retail traders, has achieved a big milestone with the profitable presale of its meme coin, $WSM.
In just some weeks since its launch, the presale has raised a formidable quantity of over $13 million, showcasing a outstanding fundraising fee.
Within the presale part, traders can purchase $WSM for $0.0313.
Because the presale progresses, the value will regularly enhance to $0.0316, providing traders the potential to safe assured good points on paper by taking part at this stage.
Don’t miss out on the possibility to take part within the $WSM presale and doubtlessly profit from its promising progress. Take motion now and buy Wall Avenue Memes to be a part of this thrilling and profitable alternative!
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