Monthly Chart:
- Trend: Uptrend
- Support: $60-$70
- Resistance: $100-$110
Weekly Chart:
- Trend: Uptrend
- Support: $80-$85
- Resistance: $95-$100
Daily Chart:
- Trend: Uptrend
- Support: $85-$88
- Resistance: $92-$95
Indicators:
- Relative Strength Index (RSI): 65-70 (neutral)
- Moving Averages: 50-MA ($78), 200-MA ($64)
- Bollinger Bands: Upper ($95), Lower ($75)
Analysis:
Litecoin price has been trending upward in March, with a potential target of $100-$110. The coin has broken above the 50-MA and 200-MA, indicating a strong uptrend.
However, the RSI is neutral, suggesting a potential pullback or consolidation. The Bollinger Bands are also indicating a potential reversal.
