$LTC Litecoin is currently showing good dynamics — the price remains above 120 dollars and seems to be preparing for a new rise. If the price holds support around 117 dollars, it will be a good sign for buyers.

The nearest resistance, that is, the level where selling may begin, is around 123 dollars. If Litecoin breaks through this, the next targets could be 130 and even 150 dollars.

Technically, everything looks quite optimistic right now: market indicators do not show overbought conditions, which means there is room for further growth. But at the same time, trading volumes have slightly decreased — this may indicate that the market is waiting for a new impulse.

Overall, Litecoin is currently in a good position — the main thing is to watch whether the price holds above 117 dollars and if it can overcome the mark of 123.