Lighter rises 9% as whale buys $9.1M LIT – Is $2.70 next?

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A whale continued accumulating LIT, purchasing over $1 million worth, having spent a total of $9.1 million to acquire 3.91 million LIT tokens. Lighter extended its uptrend, rising 9% to a three-week high of $2.40. Trading volume climbed 53% to $49 million, indicating growing market participation. Derivatives volume increased 77% to $131.18 million while open interest rose 10% to $310 million, with the Long Short Ratio reaching 1.04. With RSI at 58 and technical indicators in bullish territory, buyers are targeting a breakout above the $2.70 resistance level.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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