Litecoin's price experienced a setback after briefly crossing $100 during a pre-halving rally. Despite this, there are indications of a potential upward movement. The weekly chart reflects a bullish trend, with indicators such as the Ichimoku Cloud signaling a positive shift. The Relative Strength Index (RSI) also suggests bullish dominance, indicating the possibility of reclaiming $100 and beyond. Bulls aim to surpass the crucial resistance at $101, with potential targets at $115 and $145. However, market sentiment remains subject to change, so fluctuations are possible.
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