Flipped

Chart of the Day

BTC’s upside momentum takes a breather after hitting the $58-60k roadblock. Buyers started to pull back at the first sign of overheating in the market, with the relative strength index (RSI) on the hourly chart turning south shortly after entering the overbought territory. Meanwhile, LTC re-enters the spotlight after recently flipping ETH in terms of the number of active addresses. Flipping over the second-largest token with numerous DeFi and NFT use cases is no small feat. Even in absolute numbers, having almost 500k active addresses on a daily basis is rather impressive. So the question is: Who is using Litecoin?