Litecoin rebounds 2.9% to $52.63 and holds the SMA-200
- —Price at $52.63, up 2.90% in 24 hours, range $51.92-$52.89
- —Volume of $253.71 million is 11.90% below the 30-day average
- —MACD histogram at -0.33, RSI at 54.8, momentum unconfirmed
- —LTC is 87.21% below its all-time high of $411.64
Why it matters: The rebound without volume confirmation points to a technical recovery rather than a trend change.
Source: DiarioBitcoin