LTC forecast: MACD stagnant, majority long position, likely to drop to $43 before bullish trend resumes.
LTC forecast: MACD stagnant, majority long position, likely to drop to $43 before bullish trend resumes.
Unusual Whales
The MACD momentum has stabilized at zero, indicating a possible trend reversal. Despite a long position of over 70% among retail and smart money investors, the taker sell flow is currently almost 1.5 times higher than the buy volume for Litecoin (LTC). This suggests a high likelihood of a washout scenario for LTC in the near future.
