LTO BTC LTO Network Technical Analysis

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By Frans van Elst

LTO Network logo In this LTO Network technical analysis, we will examine the current price action, trading volume, key levels and indicators for LTO-BTC. LTO Network is a decentralized blockchain platform that enables secure and efficient data transfer and storage solutions for various industries. It utilizes advanced cryptographic techniques and a novel consensus algorithm to ensure the integrity and confidentiality of data, making it an attractive option for businesses looking to enhance their data management capabilities. Additionally, LTO Network’s unique multi-chain architecture allows for interoperability with other blockchains, further expanding its potential use cases.

LTO Network Price Overview:

As of May 27, 2024, LTO Network is trading at approximately 0.0 BTC. Let’s dive into the detailed price action for LTO-BTC:

Explore LTO Network’s (LTOBTC) potential for growth at 3.18e-06 BTC as technical analysis leans bullish, emphasizing strong support and promising indicators.

Metric Value
Open (O) 0.0
High (H) 0.0
Low (L) 0.0
Close (C) 0.0
Volume (C) 106,640.00
  • Open (O): The opening price for today’s trading session was approximately 0.0 BTC.
  • High (H): LTO Network reached a daily high of around 0.0 BTC.
  • Low (L): The daily low for LTO-BTC was approximately 0.0 BTC.
  • Close (C): At the time of analysis, LTO Network is trading near its daily close of 0.0 BTC.
Metric Value
1D Change (%) -1.85%
3D Change (%) 1.92%
7D Change (%) 10.03%
30D Change (%) 8.53%
90D Change (%) 78.65%
YTD Change (%) 60.61%

Over the past three days, LTOBTC has increased by approximately 1.92%, showcasing increased market volatility. Throughout the last week, it continued to increase, with a gain of around 10.03%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with LTOBTC maintaining an upward trend of approximately 8.53%, despite intermittent fluctuations. Examining the last 90 days, LTOBTC has witnessed substantial rise of approximately 78.65%, reflecting strong long-term confidence. Year-to-date, LTOBTC has steadily increased by around 60.61%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.

LTO Network Live Chart:

You can access a live price chart for LTO-BTC on various cryptocurrency market websites or trading platforms. These charts provide real-time data, allowing you to track price movements and indicators as they evolve.

Price Volatility and Momentum:

  • Volatility score is 0.36614.
  • Momentum score is 0.07071.

LTO BTC Technical Analysis

LTO Network Trading Volume:

The trading volume for LTO Network (LTO) over the past 24 hours has been insignificant, with approximately 106,640.00 BTC traded against LTO. Elevated trading volume often indicates increased market activity and can be an essential factor to consider in technical analysis.

Moving Averages:

  • 50-day Simple Moving Average (SMA): LTO is currently trading below the 50-day SMA, indicating short-term bearish momentum.
  • 200-day Simple Moving Average (SMA): LTO Network is also trading below the 200-day SMA, indicating a negative long-term outlook.

Relative Strength Index (RSI):

  • The RSI30 for LTO-BTC is currently in the high zone, around 55.17925. This suggests that LTO Network is in bullish territory.

Analysis from TradingView:

Our Key Takeaways:

LTO Network (LTO-BTC) is currently exhibiting signs of short-term bearish momentum, with key support and resistance levels in focus. Traders and investors should closely monitor the BTC monthly resistance level and the BTC support level for potential trading opportunities. Additionally, the high RSI and insignificant trading volume are high signals for potential upward movement.

Explore LTO Network’s (LTOBTC) potential for growth at 3.18e-06 BTC as technical analysis leans bullish, emphasizing strong support and promising indicators.

Take the next step in your exploration by delving into our detailed insights on LTO USDT LTO Network Technical Analysis; it’s a natural follow-up if you enjoyed this post.

Disclaimer: The information provided herein, including any technical analysis of cryptocurrencies, is for informational and educational purposes only. It should not be considered as financial advice or a recommendation to buy, sell, or hold any cryptocurrency or make any financial decisions.

Cryptocurrency markets are highly volatile and speculative. Past performance is not indicative of future results, and there are no guarantees of profit or protection against losses. Cryptocurrency investments are subject to significant risks, including but not limited to market fluctuations, regulatory changes, and technological vulnerabilities.

Technical analysis involves the use of historical price and volume data, patterns, and indicators to make predictions about future price movements. It is a subjective and speculative approach to market analysis and should not be the sole basis for making investment decisions.

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