Litecoin Momentum Stalls at $71.38, Pullback Likely Before Next Move
Litecoin (LTC) has been on a steady rise, but its momentum is starting to stall at $71.38 resistance.
The Relative Strength Index (RSI) is sitting at 70.06, right on the overbought threshold, and the Moving Average Convergence Divergence (MACD) histogram has flatlined to zero.
This indicates that buying pressure has saturated this immediate range, and the momentum engine is idling.
The Stochastic oscillator still shows some room for a push through $71.38, but it's a narrow window and closing fast.