Analysis of #Litecoin (#LTC ) for 10/18/2024 (3-day chart):

1. Price forecast (short-term, medium-term):

• Short-term: The price is currently $72.33 and is near the key resistance level of $72.87. If a breakout occurs above this level with confirmation of volumes, growth to the next resistance of $76.91 is likely (Fibonacci level -0.27).

• Medium-term: In case of consolidation above $76.91, we can expect a continuation of the upward movement to $80.68 and even $84.78. In the case of a negative scenario and a breakout downwards of $70, a fall to $68.61 and further to $65.48 is likely.

2. Support and resistance levels:

• Support: $70.00 (round level), $68.61 (0.5 Fibonacci), $65.48 (0.79 Fibonacci), $63.22.

• Resistance: $72.87, $76.91 (-0.27 Fibonacci), $80.68 (-0.62 Fibonacci), $84.78.

⚠️ Overall conclusion: LTC price is currently at the key resistance level of $72.87. If the price can break through and consolidate above this level, further growth to $76.91 and $80.68 is possible.

Full review ▶️ 🖌 Subscribe to stay up to date with the latest news! ➡️✈️@INVESTIDEAUA