Will LTC reach 135$?
Analysis of the current state of LTC/USDC:
• Price: 126.45 USDC (+14.21%)
• Maximum price: 127.26 USDC
• Support levels: ~125.18 USDC, 122.58 USDC
• Resistance level: ~127.26 USDC, next – 130 USDC
Indicators:
• Stochastic (K: 86.89, D: 84.37, J: 91.93) – in the overbought zone, a pullback is possible.
• RSI (6): 79.62, RSI (12): 75.51, RSI (24): 70.10 – also signals overbought conditions.
• MACD (DIF: 2.27, DEA: 1.81, MACD: 0.46) – upward trend, but weakening momentum is possible.
• Trading volumes (215.116) – high buyer activity, but it is necessary to monitor the dynamics.
• Wm %R (-8.61) – almost at maximum values, which may indicate a local slowdown in growth.
Conclusion and forecast:
LTC has a strong upward momentum, but is in the overbought zone, which increases the likelihood of a short-term pullback before a new rise. If the price consolidates above 127.26$ and buyer pressure remains, there is a chance to reach 130$ and above.
To reach 135$, it is necessary to overcome resistance zones (127.26$ → 130$ → 133$). If strong selling volume appears at these levels, a downward reversal is possible.
Summary:
• Short-term: a pullback is possible before continuing the movement.
• With positive dynamics: target levels – 130$ and 133$ before the possibility of reaching 135$.
