{"content":"💸 Litecoin Holders Take Profits — Highest Selling Activity in 2 Months According to the Santiments' Network Realized Profit/Loss (NPL) measure, Litecoin owners are making profits. As the graph below shows, Saturday saw a notable increase in the NPL, indicating the largest profit booking activity since March 24. Later on Monday this week, another, less intense surge was also seen. These increases show that holders are raising the selling pressure and generally making a substantial profit on their bags. Analyzing Santiment's Age Consumed indicator also exhibits unfavorable signals. This index's spikes point to dormant tokens—tokens kept in wallets for a lengthy period—that are in motion and may be used to identify local tops or bottoms on short terms. History indicates, as in LTC's case, the increases were followed by a drop in Litecoin's price when owners moved their tokens from wallets to exchanges, hence raising selling pressure. Litecoin Price Forecast: Dead-cat bounce situation arises Drawn by connecting many lows since early April, Litecoin price broke and closed below its rising trendline and its 200-day exponential moving average at $93.70 on Thursday and dropped by 8.12% the next day. Still, it healed somewhat slowly over the following three days. By Tuesday, when I was writing, it floats around $89.30. Under this scenario, LTC may see a dead-cat bounce—a little price rise inside a larger downtrend—perhaps running across rejection from the 200-day EMA barrier at $93.70. These levels are a key reversal zone as this level nearly matches the 50% price retracing level at $95.8. Between the $93.70 to $95.80 levels, side-lined investors seeking short LTC may act with the stop-loss placed somewhat above their weekly resistance at $96.30. Should LTC experience corrections from the above indicated levels, the fall may stretch to retest its Saturday low of $83.31. A good closing under this would extend the losses to retest the next weekly support level at $77.19. #LTC #MarketRebound #PCEMarketWatch #MarketPullback $LTC $BTC $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/03/6e31d8b9244c47d3ad8427afc92960ff.png"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}