Recently, LTC's performance has attracted a lot of attention. On the 30-minute chart, there was a significant abnormality in trading volume, with a single-volume increase of 50.2%. Such a sharp expansion in volume usually has a reason behind it.



Currently, LTC is quoted at around 76.64 USDT, with 1.17% space to the nearest support level at 75.87. This price is right within the support zone of 75.24-75.87. From a technical perspective, this is a good observation point.

If you are considering a long position, you might want to place orders around 75.87. Once a breakout occurs, the resistance level above is at 77.7, which could serve as a potential take-profit target.

The most interesting part of the market is here—abnormal volume expansion often indicates a shift in market participants' attitude. The upcoming trend of LTC is worth monitoring, to see if the trading volume can sustain this level.
LTC2,97%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
0xInsomniavip
· 2h ago
50% of the volume increase? This wave really can't be contained anymore, will it crash or rally? --- I've had my eye on 75.87 for a long time, just waiting for the break. --- With such explosive trading volume, it feels like something big is about to happen. --- I just want to ask, can 77.7 hold? --- By the way, this volume can't last long, it will probably fall back again. --- Is LTC messing around here again? So boring. --- Is there a high probability of breaking through the support zone? Honestly. --- It looks promising, but I don't believe it can go much higher this time. --- A 50.2% volume increase is truly outrageous; it depends on whether the trend can continue.
View OriginalReply0
ChainComedianvip
· 2h ago
50.2% volume increase? This move is a bit fierce, feels like something's going to happen. --- It's both support and resistance levels. Why do I feel like this thing is just bouncing between 75-77? --- LTC's rhythm, volume speaks for itself. I'll wait and see. --- Breaking 77.7 is the real deal; anything said now is pointless. --- With such strong volume, I really don't know if it's good news or a sign of a dump. --- I might place an order at 75.87 and try my luck; probably just another trap. --- Interesting. The combination of volume and price movement looks good, but I’m not quite ready to go all in. --- 50% volume increase? What tricks are those guys in the futures market playing now? --- No rush. Wait for LTC to drop a bit more before jumping in. No need to hurry.
View OriginalReply0
DefiSecurityGuardvip
· 2h ago
ngl, that 50.2% volume spike screams manipulation or whale activity... where's the audit trail on this? DYOR before you touch those support levels.
Reply0
LightningSentryvip
· 2h ago
50% of volume increase? We need to keep a close eye on this wave; it feels like someone is laying the groundwork for something. --- I've been eyeing the 75.87 support level for a while; just see if it can hold. --- Such abnormal trading volume, be careful it might be a trap to lure buyers. --- If it breaks 77.7, consider exiting; this market is too unpredictable. --- LTC has shown some signs these past couple of days; volume speaks volumes. --- It's time to test patience again. I'll wait for a breakdown before taking action. --- The support zone is so tight; it's a short-term move. --- With such a strong volume increase, caution is still necessary; not all volume indicates direction. --- Around $77 should be a good selling point. --- I'm a bit tempted, but I want to see if the trading volume can sustain.
View OriginalReply0
SignatureDeniedvip
· 2h ago
50.2% volume increase, this move is quite interesting, feels like it's not retail investors playing --- Both support levels and take-profit points are easy to talk about, but when it comes to actual trading, isn't it complicated? --- LTC has indeed been a bit volatile these past two days. With such explosive volume, the price will either surge or crash, there's no third option --- You can observe this support zone, but don't get fooled into stopping out; in this kind of market, the most common tactic is to cut the leeks --- The abnormal increase in trading volume makes me bullish; in eight out of ten cases, it's just a trap to lure more buyers --- The 76.64 level is a bit awkward, not high enough nor low enough. Anyway, I'll just watch from the sidelines for now --- Take-profit target at 77.7? Haha, those who act quickly have already exited. Do you really expect the market to cooperate that much?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)