Litecoin $LTC is once again in the spotlight: over the last 24 hours, the asset has appreciated by 17%, stabilizing near the mark of $102. The technical indicator RSI (24h) = 55.04, which indicates a neutral zone — the potential for further movement remains both upward and downward.
📊 Technical picture:
LTC has broken through local resistance at $96 and is showing a confident recovery. The next key zone is $108–112, where a strong seller level exists. If it holds above, an impulse towards $120–125 is possible, where part of the profit should be secured.
🐂 Bullish scenario:
Possible entry point: $LTC $101–103 (upon confirmation of support).
TP: $112 / $120.
SL: $98 (≈4% of entry).
🐻 Bearish scenario:
If the price does not hold above $100, a pullback to $94–96 is possible.
Entry on a bounce from $95.
TP: $100 / $106.
SL: $93 (≈2%).
💡 It is recommended to use a small portion of the deposit, and when it rises — move SL to breakeven. $LTC shows the average volatility, so controlling risks and securing profits step by step is important.
👇 Share your forecasts in the comments, do you think this is the beginning of a new cycle for Litecoin or a temporary spike?
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