Litecoin $99.01 (LTC) attracts attention with its price mobility fluctuating between $ 98 and $ 135 in recent weeks. Crypto Money Analyst Ali Martinez, LTC’nin $ 98, if the rise can start again if the rise can start, his rival Credible decline may continue to warn. The fact that large investors purchase a litecoin of 43 million dollars in 48 hours gives signals that mobility may increase in the market.
Litecoin’s support level and investor movements
According to Ali Martinez, Litecoin’s $ 98 level in the current correction process stands out as a critical support point. If this level is preserved, the price of increased procurement pressure can carry up to $ 135. Market data show that LTC is currently trading around $ 101.92.
In the last two days, the purchase of 43 million dollars of Litecoin of large investors increased the liquidity mobility in the market. Although such moves are often triggered by short -term price fluctuations, it can be effective in shaping long -term trends. Martinez emphasizes that this attitude of investors is compatible with technical indicators.
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Disagreement between analysts
Another analyst, Credible, predicts that Litecoin may decline below $ 70 in the coming period. After the testing of this level, the demand increased and the price may rise up to $ 200. Credible says that if the decline continues, new purchase opportunities may arise.
This uncertainty in the market indicates that investors should be careful. The follow -up of support levels and large investor movements can give clues about Litecoin’s direction in coming weeks. The opposite views of the analysts once again reveal the dynamic structure of the crypto currency market.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
