New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
Litecoin has recently experienced a significant abnormality in trading volume, with a 68.3% surge in 30-minute trading volume. Such volume expansion often signals the beginning of a market trend.
Currently, LTC is hovering around 77.94 USDT, with a key support level near 77.82, only 0.42% away from the current price. From the 1-hour chart, the support zone remains stable between 76.85 and 77.82, and technical indicators show limited downside potential.
From a trading perspective, the support level is a good entry point. You can consider placing a long position around 77.82, with resistance set at 79.66. The risk-reward ratio in this setup is quite favorable.
The key is to closely monitor the subsequent performance of trading volume. A sharp increase in trading volume usually indicates large funds are positioning, and the next step is to see if this volume can be sustained. If the volume continues to grow, the probability of a trend initiation becomes even higher.