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Altcoins LTC, CRV and ONDO recover after retesting key support levels

Litecoin (LTC), Curve DAO (CRV) and Ondo (ONDO) prices recover on Tuesday after retesting and bouncing off key support levels following Monday’s double-digit correction. The technical outlook suggests a further recovery ahead, with the Moving Average Convergence Divergence (MACD) momentum indicator supporting the rebound.

Litecoin price revisits its crucial support level 
Litecoin price surged more than 100% since early November and declined 18% on Monday, revisiting close to its key support level of around $98.67. This level roughly coincides with the weekly support level at $96.30 and the descending trendline drawn by connecting weekly highs since the end of March 2022, making it a key reversal zone. As of Monday, it recovers slightly, trading around $111.87.

Altcoins LTC, CRV and ONDO recover after retesting key support levels

Litecoin (LTC), Curve DAO (CRV) and Ondo (ONDO) prices recover on Tuesday after retesting and bouncing off key support levels following Monday’s double-digit correction. The technical outlook suggests a further recovery ahead, with the Moving Average Convergence Divergence (MACD) momentum indicator supporting the rebound.

Litecoin price revisits its crucial support level 
Litecoin price surged more than 100% since early November and declined 18% on Monday, revisiting close to its key support level of around $98.67. This level roughly coincides with the weekly support level at $96.30 and the descending trendline drawn by connecting weekly highs since the end of March 2022, making it a key reversal zone. As of Monday, it recovers slightly, trading around $111.87.
https://www.fxstreet.com/cryptocurrencies/news/altcoins-ltc-crv-and-ondo-recover-after-retesting-key-support-levels-202412100738