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LTC/USDT Technical Analysis 1H

BINANCE:LTCUSDT   Litecoin / TetherUS
The LTC/USDT pair, based on the provided indicators, appears to be in a moment of indecision with a slight bearish slope. However, the price above the 50-period SMA and the RSI indicate that there is still no clear long-term direction.

The price is currently at 65.45 USDT with a trading volume of 47.56 LTC. At first glance, this volume appears to be relatively low, which could indicate a period of consolidation or a lack of clear decision by traders.

RSI(14): The RSI is at 49.15, almost in the middle of the 0 to 100 range. This indicates that the market is clearly not in an overbought or oversold zone and shows neutrality at the moment. periods indicates a medium-term upward trend.

Supports and resistances follow
Main support levels : 65.28 / 64.21
Main Resistance Levels: 65.62 / 65.81

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