$LTC Technical Analysis: A Potential Opportunity for #LongTermHolders
Weekly Order Block:
LTC is currently situated near a significant weekly order block. If it breaks above the $81.59 level, the major support range lies between $68.97 and $70.71.
Resistance Breakout:
Conversely, if LTC manages to breach the resistance at $102, we could witness a substantial price surge 🚀.
Historical Context:
Following the previous halving event, LTC has been consolidating sideways for weeks. Once this sideways pattern is broken, there’s potential for a move toward the previous all-time high at $413.64.
New ATH Anticipation:
In the current bullish cycle, I anticipate the possibility of LTC reaching a new all-time high (ATH) near $1000.
This presents an exciting opportunity for long-term holders aiming for substantial gains 🚀🚀🚀🚀
