Litecoin Price Targets $80 After Clearing Key Resistance

Litecoin (LTC) is gaining momentum after establishing support above $65, breaking past key resistance levels at $68 and $70. It briefly surpassed $72, hitting a high of $72.74, and is now consolidating its gains above the 23.6% Fibonacci retracement level.

Key Support and Resistance Levels:
Support: $71, $69, and $67.50.
Resistance: Immediate resistance at $72.80, with potential targets at $75.50, $78.00, and $80.00.

Technical Outlook:
The MACD shows bullish momentum.
RSI is above 60, signaling strength.

Litecoin remains bullish, but if it can't break $72, it could correct down to $69 or lower.

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