LITE coin Analysis $LTC
Support Levels
1. $86–$88
Daily support zone, confirmed by recent bounces at ~$87.50–$88.00 .
Multiple analyst reports highlight this area as a strong cushion .
2. $83–$85
Short-term pivotal range noted by EMA and Ichimoku – a dip below $83.11 would be bearish .
CoinCodex analysis flags $82–$85 as critical support, with a breakdown possible to the low $70s .
3. $75–$82
Broader cushion zone, historically noted in June when markets tested mid-$70s .
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🔺 Resistance Levels
1. **$90–$92.50**
Immediate resistance, especially near $92.50 — the upper boundary of recent consolidation .
Breakouts above may reinforce this zone as future support .
2. $95–$100
Short-term upside target if LTC sustains above $92–$93 .
Analysts see potential to breach $100 with momentum .
3. **$105–$115 (medium-term)**
Upper extension of the long-term ascending channel (~$105, $115) .
In the event of sustained bullish breakout, targets stretch toward $135 .
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🧠 Technical Snapshot
RSI/MACD: Neutral overall; MACD bullish cross on daily charts, RSI ~50–60 .
Volume: Strong buying volume seen breaking resistance near $88 .
Chart Patterns: LTC trades within a symmetrical triangle/ascending channel—squeeze indicates a breakout is likely .
🔍 Outlook Summary
As long as LTC holds $86–88, bullish potential remains intact, with key resistances at $92.5 and then $100+.
Breaking and closing below $83 opens the door to a deeper drop toward $75–$72.
A steady rise above $92.5 with volume could unlock the next leg toward $100–$115+.