$LTC LTC/USDT is showing solid upward momentum, with the price at 105.37, up +11.51% in the last 24 hours. The coin is trading close to its 24h high of 106.55, showing strong buyer dominance. The 24h low of 93.68 indicates that Litecoin has already climbed sharply from a strong dip, reinforcing bullish sentiment.
Price is trading well above the MA60 (103.61), confirming a healthy uptrend. The MA60 is rising, which means the overall momentum is strengthening. The chart shows clear higher highs and higher lows, a classic bullish trend structure.
Volume shows a significant spike, especially in the most recent green candle, indicating strong buying pressure entering the market. This usually supports continuation, though short-term volatility can increase after such spikes.
Support Levels:
103.60 (MA60 – key support)
102.80 (secondary support)
100.50 (psychological support)
Resistance Levels:
106.55 (24h high)
108.00 (round number resistance)
Momentum is clearly positive. Buyers are aggressive, but since the price is near the daily high, small pullbacks are likely before another breakout attempt. A retest of 103.6–104.2 would be a healthier entry zone than chasing at the top.
Bullish Scenario:
Holding above 103.6 could push price toward 106.5 → 108 → 110.
Bearish Scenario:
If price loses 103.6, it may drop to 102.8, and below that, momentum weakens.
Conclusion:
LTC is in a strong uptrend with increasing volume and momentum. Trend remains bullish above the MA60. Ideal strategy is waiting for a dip to support rather than entering at the current high.
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