Is a #Litecoin ($LTC ) Bounce Ahead? Chart Targets $94+

Litecoin ($LTC) is currently trading around $87.73, reflecting a daily drop of -2.63%. After a recent dip, the price is hovering just above key short-term support at $86.80. For the past several days, LTC has been moving sideways within a narrow range, showing no major trend direction yet.

However, technical patterns suggest that a potential upward move could be forming.

On the 4-hour chart, $LTC seems to be stabilizing within a soft support zone. If the price holds above the $86.50–$87.00 level, a bounce toward $90.30 and possibly $94.00 could be on the horizon. A clear breakout above $94.00 may lead to a test of stronger resistance near $96.50.

But if LTC breaks below the recent low of $86.80, it could face further downside toward the next support near $83.10.

Additional Market Insight:

While volume remains moderate with ~290K LTC traded in 24 hours, the USDT volume of $25.63M suggests steady interest despite recent losses. Some traders may view the current dip as a chance to accumulate before the next potential move higher.

> In the bigger picture, LTC has previously reached levels above $100, and market participants are watching closely for a reversal. A sustained hold above $89 could trigger renewed bullish momentum.

Buy and Trade Here on $LTC