Greeting of the day! today i'm going analysis again LTO /USDT pair, but in 4- Hours time frame,let's jump in to Analysis...
LTO standing around strong support. Market will dump around 21 September around 11 PM and LTO touch it strong support which is highlighted with red line.in other case will market don't crash which h only 20% chance the it will pump from green area.
LTO great fundamentals. Great partnership - Chainlink (Proofi), IBM, United Nations... GDPR compliant, Digital identities, also Layer 1 coin...
Weirdly bad performance during this relief rally. My suspicion ... to high apy -above 10% is just too much. still
$dusk did great today - 300% pump and dump
$vidt did 7x plus previous month.
but $lto is just slow :)
LTO has one of greatest fanbases there is. But what makes it different from shitcoins are stellar fundamentals. Partnership with Chainlink lately, launching new products all the time, should catapult price to the moon. But again... it did not. So I am afraid... around $0.05 is a bottom for now, and $0.02-0.01$ will be bottom next year. I still expect price to...
After an accumulation period of 6 months, LTO looks primed for take of. Still one of the lowest layer 1 projects which is listed on Binance and recently on Kucoin as well. I expect more upside movements from LTO in the coming weeks.
Targets are given on the chart.
In the coming days/weeks I expect similar pattern as given on chart. LTO Network has a lot in the pipelines (Fundamental analysis) and this is confirmed by technical analysis/price action as well.
OBV broke out with the highest volume ever, also RSI has a lot of room left in the tank on the Weekly.
$145m market cap (small cap) layer 1 project listed on Binance...
Targets are given on the chart. LTO has many upcoming announcements in the pipeline, weekly chart looks good for a ride, after a long period of accumulation. MACD & RSI levels are great and I think we are in for a good ride.
LTOBTC is on the move, buyers are stepping in above support area.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!
(Strongest 1H volume since June)
Something to watch toward the weekly close as its showing a 60% increase against /BTC over the last 48hs..
UCTS showing a 1D Buy signal as well
Looking for it to break/hodl/flip ~700 sats level as signal of continuation