Litecoin and mantra have recovered in two digits this week. Technical and analysis on the chain suggest that the two altcoins will be more profitable next week. Bitcoin flash crashes are less than $ 100,000, and returns exceeding $ 104,000 have promoted optimism among cryptocounter traders.
The release of macroeconomic data in the United States, the performance of high -tech or stocks and stocks, and the development of artificial intelligence are the main market athlets of Bitcoin. Altcoins, such as LTC and OM, remain highly correlated, so they follow the bitcoin.
Technical analysis has shown that litecoin and mantra can extend profits.
Technical analysis supports the profits of LTC and OM in a daily time frame. The mantra (OM) was integrated for several weeks between mid -December and January. OM has escaped from $ 3.1730 from $ 4.5352.
At the time of writing, the OM is traded for $ 5.6263 on Friday, close to $ 5.9500 in history, as observed on the following TradingView chart.
In the daily time frame, OM formed a support zone between $ 4.443 and $ 4.069. This is an important imbalance zone, and you can see the mantra bouncing from this range by correction.
Two important technical indicators, relative strength indexes and moving average convergence branch indicators support bullish papers in OM. The RSI reads 76 and is inclined upward. This usually generates a sales signal, but combines with a green histogram bar on the MacD on the neutral line emphasizes the fundamental positive momentum of OM price.
If the token maintains the upward momentum, the best re -test of OM may be next week.
Litecoin was integrated with $ 129.11 and $ 92.57 on the upper limit of the range and the border below. LTC has finished integration and escaped from the support zone. This was less than 8 % at $ 141.22 at 2025 peaks.
Litecoin is traded for $ 131.64 at the time of writing early on Friday.
The LTC/USDT Daily Price Chart shows an imbalance zone of $ 114.04 to $ 102.57, two important levels of LiteCoin when modified by Altcoin.
RSI and MACD show the fundamental positive momentum of litecoin price trends. The RSI reads 61 and is inclined upward, and the MACD displays a green histogram bar on the neutral line.
Traders should be aware of the 2025 peak re -test and the attempt to meet for the maximum value of 147.06 in 2024.
The on -Eun analysis supports bullish papers
Santice Metric emphasizes the relevance of lighting among traders and growing demand this week. The open interest of the LTC derivative exchange as a whole rose to nearly $ 420 million on January 30, indicating the rapid increase in the following charts.
According to Santiment data, the total number of LTC holders has steadily rose from December 2 to January 31. On Friday, the metric rose to 8.13 million.
The number of active addresses exceeds the average of 2024, and the total funding rates collected by LTC are positively read. In other words, the derivative trader maintains Litecoin’s bullish bias.
In the case of the mantra (OM), the total amount of the holder climbed slowly and reached about 44,000 on Friday. Major indicators, such as the funding rate, have shown bullish prejudice and positive value for nearly two weeks, confirming the relevance and demand of tokens in the derivative market.
The network has provided indicators of profit/loss used to track all the token net income/loss of all tokens moved on a specific day. Traders need to monitor large -scale positive spikes in order to sell a large amount of traders to unlock the portfolio, which may make the OM price corrected.
OM’s total interest has reached the highest level of $ 348 million on January 30.
Market Mover presses litecoin and mantra high
Expectations for approval for Litecoin Exchange Traded Fund in the United States are one of the important market movements that have increased LTC prices this week. The SEC is expected to approve the approval, as the SPOT Litecoin ETF has officially acknowledged the 19B-4 submission from CANARY CAPITAL.
Usually, the approval of the SPOT ETF gives demand and interest between institutional investors and large wallet traders. The development of ETFs may promote the further profits of Litecoin next week.
Bloomberg Intelligence Analyst Eric Barknas commented on development in X’s tweet:
MANTRA’s recent announcement about partnership with Real-Estate giant DAMAC Group is an important market athlete for this week’s OM token. JP Mullin, a co -founder and CEO of MANTRA, said.
“This partnership with the DAMAC Group is the support of the RWA industry. We share our ambitions and see the incredible opportunity to bring traditional funding opportunities to the chain. I am excited to partner with the prestigious leader.
Another important market Mover is a recovery from a flash crash from a Monday flash crash. The correlation between tokens and bitcoin remains relatively high and supports their profits.
Bitcoin is catalysted with litecoin and mantra.
The three -month correlation between Bitcoin and the Rightcoin is 0.84, 0.87 between bitcoin and the mantra. Relatively high correlation suggests that Bitcoin price trends affect the price of LTC and OM, so further profits of BTC can increase assets.
Bitcoin flash crashes can bring out the traders into edges, as BTC can bring out assets correlated with assets and wipe out millions of dollars in market capitalization. The release of Macroeconomic Economics in the United States, the movement of high -tech stocks and shares based in the United States, and institutional investors’ activities usually affected the price of bitcoin.
LTC and OM holders need to watch Bitcoin’s daily price trends to predict the sudden movement of two altcoins.
Strategic consideration
Traders who have accumulated LTC at a $ 100 level can consider gaining at least 30 % of their ownership before being modified by LiteCoin. It is recommended that Litecoin increase the amount of money while stabilizing the integrated zone tied up in the range.
Traders with OM need to get less than $ 3.87. It is necessary to consider acquiring sturdy profits while Altcoin exceeds $ 5. By the bystanders, the OM can enter when the OM is close to $ 4, and before gaining a profit, you can wait for the best re -test ever for $ 5.95.
Disclosure: This article does not represent an investment advice. The content and materials listed on this page are only for educational purposes.