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Everyone thinks $LTC is just a boring dino coin until it starts doing this.
We've been stuck in this nasty downtrend since January, but the daily chart is finally showing some spine. Look at that bounce off the 45 area back in early February. Since then, we've basically been grinding sideways, building a floor around 51 to 52.
The current price is sitting at 54.93, and we’re seeing some higher lows starting to form. It’s not a moon mission yet, but the selling pressure is definitely drying up. If we can break and hold above 59, things could get interesting very quickly.
The volume is still a bit sleepy, but that’s usually when the best entries happen before the crowd wakes up. I’m watching that 51 level closely. If it holds, I’m leaning bullish for a relief rally.
Are you accumulating here or waiting for more proof?
#VitalikOutlinesEthereumScalingPlan