Accurate Technical Analysis for Litecoin $LTC – Will We See a Break Above $100?

It seems that $LTC is preparing for a big move, as after breaking the resistance at $95, it is currently stabilizing at $99.38 on the Binance platform, approaching a strong resistance area that extends between $100 and $102.

The technical indicators support this momentum:

RSI indicator near 68, indicating buying strength but with the possibility of a near-term correction.

MACD indicator in a bullish crossover, supporting the continuation of positive movement.

Trading volume has clearly risen over the past two days, suggesting an upcoming breakout.

Trader's Advice:

Watch the $102 area. A breakout with a daily close above it could push the price towards $106 then $112. However, in case of a bounce, the strong support at 96.80$ represents a good buying opportunity.

Do you see Litecoin surpassing 110$ this week? Share your opinion with me!

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