• Since the beginning of 2024, Litecoin has experienced a strong bullish rally that took it up to ~135 USDC.

• Then, a significant correction down to the current zone (~86 USDC).

2. Long-term support line:

• A blue bullish support line appears to be well respected, connecting the successive lows since 2023. This shows structural support around 60–65 USDC.

3. Recent price action:

• Currently, the price is gently bouncing back from a low near this support.

• However, it remains stuck below resistance around 90–95 USDC, a level tested several times.

4. Past performance:

• Over 90 days: -28.45% (strong recent decline)

• But over 6 months: +29.17%, and over 1 year: +7.34%

• This contrast shows significant volatility and a still hesitant market.

Possible scenarios:

• Bullish: If LTC breaks the 90–95 resistance with volume, it could target 100 then 120 USDC.

• Bearish: If the price fails to break above 90 and falls back, the next major support remains the 70–75 USDC zone, or even the long-term support around ~60.

Conclusion:

Litecoin seems to be in a transition phase after a low, but it remains fragile. A good entry point would rather be on a retest of the support or a confirmed break above 95 USDC. #ltc $LTC