Technical Analysis – LTCUSD completes golden cross but advance pauses
Posted on December 1, 2022 at 3:31 pm GMTLTCUSD (Litecoin) experienced a massive decline in 2022, plummeting to a 25-month low of 40.30 in June. Even though the cryptocurrency managed to regain some ground after trading sideways for around five months, its rebound appears to have temporarily paused. The momentum indicators are endorsing a positive near-term tone. Specifically, the RSI is ascending above its neutral mark of 50, while the stochastic oscillator is approaching the overbought territory. Should buying pressures persist, the price could initially test the recent rejection region of [..]