Currently, the $LTC is trading at approximately $96.16, with a slight drop of 1.19% in the last 24 hours.
🔍 Current Situation of LTC
Supports: $94.91, $96.09, $98.23
Resistances: $101.55, $102.73, $104.88
Even with the recent appreciation of 14.59% in the last month, LTC may face a correction of up to 21%, with price projections around $76.78 by the end of May.
📈 Future Perspectives
If LTC can close the month above the key resistance of $100, there is potential for an appreciation of up to 30%, reaching the range of $150.
However, technical indicators such as the RSI (45.25) and the MACD suggest that sellers still maintain control, which may limit upward movements in the short term.
🧭 Conclusion
Litecoin presents a consolidation scenario, with solid support in the range of $94. A monthly close above $100 could signal a stronger upward trend. However, caution is advised given the neutral market sentiment and current technical indicators.
