Litecoin's (LTC) technical analysis reveals a mixed outlook. The current price of LTC is around $93.5 with a 24-hour change of 0.65%
Short-term Trend: LTC's short-term trend is neutral, with the price trading within a longer-term sideways range. The key trading level at $100 will play a crucial role in determining the next directional move
Resistance and Support Levels:
-Resistance Levels: $140, $167
-Support Levels: $100, $90
Bullish Flag Pattern: LTC has formed a bullish flag pattern on the 12-month chart, indicating a potential resumption of the uptrend with a +12% upside potential to $125 or +25% to $140.
Momentum Indicators: The Relative Strength Index (RSI) is currently neutral, while the Moving Average Convergence Divergence (MACD) line has crossed above the MACD signal line, indicating a bullish momentum.