LIT Jumps 20.08% to $3.87 on Above-Average Volume
- —Volume hit $115.04 million, 31.43% above the 30-day average
- —RSI at 54.4 while the 14-day stochastic sits at 91.2, signaling overheating
- —Price is below the 50-day SMA of $4.12 but above the 30-day SMA of $3.86
- —LIT is down 17.89% over 30 days but up 82.12% over 90 days
Why it matters: The volume-backed rally shows real demand, but an overheated stochastic and resistance at $3.95 raise the risk of a pullback toward $3.36.
Source: DiarioBitcoin