Litecoin Price Poised for Rebound, On-Chain Metrics Signal

Santiment, a crypto market analysis platform focusing on on-chain and social metrics, suggests a potential bounce may occur in Litecoin’s price. In a recent post on X, Santiment highlighted that approximately 704,000 addresses interacted on the Litecoin network in the past week, up from an average of about 345,000 addresses throughout May. According to Santiment, […]

The post Litecoin Price Poised for Rebound, On-Chain Metrics Signal appeared first on Coin Edition.

Litecoin Price Poised for Rebound, On-Chain Metrics Signal

  • Santiment has signaled a potential LTC rally soon.
  • Active addresses on Litecoin surged to 704,000 in June.
  • LTC’s RSI indicator has dropped to an “opportunity zone.”

Santiment, a crypto market analysis platform focusing on on-chain and social metrics, suggests a potential bounce may occur in Litecoin’s price. In a recent post on X, Santiment highlighted that approximately 704,000 addresses interacted on the Litecoin network in the past week, up from an average of about 345,000 addresses throughout May.

According to Santiment, the surge in active addresses on the Litecoin network and the Relative Strength Index (RSI) indicator moving well into an “opportunity zone” could foreshadow an LTC bounce. Santiment included a screenshot of the Litecoin price daily chart, showing that the RSI indicator has not fa…

The post Litecoin Price Poised for Rebound, On-Chain Metrics Signal appeared first on Coin Edition.