January 8 $LTC Silk Road

In the 4-hour chart, the price has been falling from the high point, and each time it drops near 80, it is quickly pulled back up. Both bulls and bears are fighting fiercely, and the support below is very strong.

Looking at the technical indicators, the KDJ indicator has already fallen into the oversold zone and is now starting to turn upward; the red MACD histogram is gradually shortening, indicating that the bearish momentum is weakening.

You can consider buying in the 79–80 range, with an initial target of 83–85. $LTC