$LTC /USD Analysis: Bullish Continuation Near Key Resistance

Current Price: $112

24H Change: +2.25%

$LTC /USD is trading at $112, maintaining a bullish trajectory as it approaches critical resistance levels. With increased buying interest, Litecoin is poised for potential further upward movement.

Key Levels to Watch

Resistance:

$115 – Immediate resistance. A breakout above this could push the price toward the next resistance zone.

$120 – Major resistance level, crucial for further bullish continuation.

Support:

$110 – Immediate support, key to maintaining the bullish trend.

$105 – Secondary support level in case of a retracement.

Market Insights

$LTC/USD is currently testing resistance at $115, with a breakout potentially driving the price toward $120. However, failure to maintain support above $110 may lead to a retracement toward $105, offering another potential buying opportunity.

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