Litecoin Jumps 11.82% to $67.87, Extending Weekly Rally to 30%
- —Price at $67.87, up 11.82% in 24 hours and 30.4% over seven days
- —Trading volume of $856 million, 191% above the 30-day average
- —RSI at 80 and stochastic at 100 signal extreme overbought conditions
- —Market cap of $5.26 billion, still 83.51% below its all-time high
Why it matters: The rally was fueled by a short squeeze and Grayscale's spot LTC ETF filing, but overbought readings raise correction risk.
Source: DiarioBitcoin