🚀 $LTC /USDT: Eyeing Key Resistance Levels – What’s Next? 🚀
Litecoin ($LTC ) is currently trading at 91.45, marking an 8.55% gain in the last 24 hours. With a 24-hour high of 98.49, $LTC is showing significant bullish momentum, making it a potential leader in the altcoin space.
Key Levels to Watch:
Target 1: 94.00 – Immediate resistance; breaking this could lead to a renewed bullish rally.
Target 2: 98.50 – A critical level; surpassing this could confirm further upward momentum.
Target 3: 105.00 – A breakout above this zone could drive LTC to new highs.
Support Zones:
Support 1: 90.00 – A key level to maintain bullish sentiment.
Support 2: 85.00 – The next safety zone if selling pressure intensifies.
Market Insights:
MA Analysis: LTC is trading near its 7-day MA (95.03) but comfortably above the 25-day (90.13) and 99-day (82.15) moving averages, reflecting overall bullish control.
Volume Surge: With a 24-hour volume of 3.01M LTC, the market remains highly active.
Next Move:
A breakout above 94.00 could see LTC testing 98.50 and possibly reaching 105.00 in the coming sessions. However, if 90.00 fails to hold, a pullback toward 85.00 may occur. Keep an eye on these levels for trading opportunities!
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