Markets· ★★· neutral·

LIT Jumps 5.67% to $3.83, but MACD and RSI Fail to Confirm a Reversal

  • —LIT at $3.83: up 5.67% daily but down 20.26% over 30 days
  • —Volume of $96.43 million is only 0.91% above the 30-day average
  • —RSI at 44.5 and bearish MACD do not confirm a trend change
  • —Market cap near $959.16 million, price 73.92% below the $14.70 peak
Why it matters: With no confirmed catalyst and weak volume, LIT's rally looks like a technical bounce rather than a reversal.
#LIT
Source: DiarioBitcoin
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