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<ul class="news-points">
 <li>Litecoin and ORDI show recovery signs, with LTC at $70.66 and ORDI at $35.74, despite previous downward trends.</li>
 <li>Both coins have rising trading volumes, with LTC up 54.21% and ORDI up 52.89%, indicating renewed market interest.</li>
 <li>Technical indicators suggest LTC and ORDI face short-term pressures, with RSI and MACD pointing to potential oversold conditions.</li>
</ul>
Litecoin (LTC) and Ordinals (ORDI) are experiencing mixed signals in the market, with recent price increases met with technical indicators suggesting potential for further volatility.
Currently, Litecoin (<a href="https://coinedition.com/litecoin-price-poised-for-rebound-on-chain-metrics-signal/" rel="noopener noreferrer nofollow">LTC</a>) is <a href="https://coinmarketcap.com/currencies/litecoin/" target="_blank" rel="noopener noreferrer nofollow">priced at</a> $70.66, reflecting a 0.89% increase over the past 24 hours. The market capitalization stands at approximately $5.26 billion, also increasing by 0.89%. However, the 24-hour trading volume has risen by a notable 54.21%, reaching around $524.61 million.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdpUlhzsrodLSNGIvgOrvIfaXEgwsh5lgceI4PAdUsPcs-6WMSC_B5SuV41L-6fSWrEYndPcNa8rWy5EpcmmGY_liLcxTzUQWv7K4Mz5ydV59Osk3vEYlZj1BVxgzjBnNL16OBwkSkUv-HK6zN2Iccukjnw?key=vpX4kAQ2WkGGA0dUugQF4w" alt="">
</figure>
Source: Coinmarketcap
The chart indicates that LTC’s recent support level is around $68.00, a point where the price has rebounded multiple times. Conversely, the resistance level is approximately $71.63, marking the peak before the recent decline.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXd87kcI71XUi6rFfkVqQsRSq3f39KBqY1k9jAz-M7JCxyp9pOeCOROxve62vPDxOiOulhYmjYjOHSAB_BRHhqC-8xqIsB6als5Z11miaPJALXwo0e6ELhklwuv-m3VYPUgH5V19hvuDmz4wl7qeK-sFrxE?key=vpX4kAQ2WkGGA0dUugQF4w" alt="">
</figure>
LTC/USD 1-day price chart, Source: <a href="https://www.tradingview.com/x/K3ly7JLP/" target="_blank" rel="noopener noreferrer nofollow">Trading view</a>
The price trend shows a downwa…
The post <a href="https://coinedition.com/litecoin-and-ordinals-show-mixed-signals-traders-cautious/" rel="noopener noreferrer nofollow">Litecoin and Ordinals Show Mixed Signals, Traders Cautious</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Litecoin and Ordinals Show Mixed Signals, Traders Cautious

Coin Edition

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