LTC Price Prediction: Open Interest Jumps 15% as MACD Stalls at Zero and Price Hunkers Below Key Averages
Litecoin traded at $64.20 on Oct. 9 while Binance Futures open interest over 24 hours rose 15.22%. Momentum readings were mixed, with the MACD histogram at zero and the token described as sitting between $59.39 and $67.35.
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Litecoin traders and futures users would notice the change in open interest on Binance Futures when they check the market on Oct. 9. The token was still reported at $64.20, so the visible change is in positioning rather than in a new listed price level.
In practice, the setup is still a narrow range rather than a break from it: the token was described at $64.20 and within $59.39 to $67.35. The MACD histogram at zero means the momentum reading stays at a boundary point, but the quoted range still frames where trading was placed on that date.
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