Litecoin (LTC) is potential bullish momentum on the 4-hour chart, trading at around $65.77. After a significant drop from the highs earlier this year, LTC appears to have found a bottom near $55, forming a rounded base with a series of higher lows. The price is now trading above the moving averages, which are converging and hinting at a possible breakout. Additionally, the MACD histogram has flipped positive, indicating increasing buying pressure. If LTC can sustain above the current level and break through the $70 resistance, we could see a push toward the next target around $75-$80.
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