Analysis:
Litecoin (LTC) is showing signs of a potential rebound as it bounces off the heavily oversold local dump zone. The continuous downtrend seems to have caught a breath, suggesting that LTC might be gearing up for a relief rally. Watching for how it handles coming resistance levels will be crucial.Price Targets:
Keep an eye on the possible zones to sell. The first key resistance level is around $66.00 - $70.00. Breaking through this could push the price towards the next target zone of $75.00 - $78.00. However, if the price drops again, watch the support around $49.50 for potential buying opportunities.
