💪 LTC Bulls Charge Ahead — Eyeing $200
Litecoin (LTC) is breaking barriers, with price action signaling a fresh rally in sight.
📈 Price Breakout — LTC surged past $133 after breaking an ascending channel, a move that often sparks faster gains.
💹 Open Interest Record — Futures OI hits an all-time high of $1.27B, up from $832M earlier this month, showing strong new money inflow.
⚡ Hashrate Surge — Network mining power continues climbing, boosting security and investor confidence.
Trader Sentiment:
Long-to-short ratio at 1.08 — highest in a month.
Bulls targeting $200, with resistance near $147 (Dec 5 high).
Key Levels to Watch:
Resistance: $147, then $200
Support: $125 (upper channel trendline)
If momentum holds, LTC could sprint toward $200 — but profit-taking zones remain.