Litecoin ($LTC ) has recently exhibited notable bullish momentum. Now, $LTC is trading at $129.04, reflecting a slight decrease of 0.03% from the previous close.

In December 2024, LTC formed an ascending triangle pattern on the 4-hour chart, signaling potential upward movement. The breakout above the $101.42 resistance level led to targets of $107.85 and $112.14, both of which were achieved, confirming the bullish trend.

By January 2025, LTC's price action suggested a continuation of this uptrend. A bullish flag pattern emerged, with a breakout above the $110 resistance level, indicating potential targets of $125 and $140. The short-term trend remained strong, supported by bullish momentum indicators such as the MACD crossover and RSI levels within neutral ranges, suggesting further upside potential.

Currently, LTC faces resistance around the $140 mark, with support zones identified at $100 and $90. The prevailing bullish sentiment is reinforced by increased trading volumes and positive investor interest. Traders should monitor these key levels and indicators closely to capitalize on potential opportunities in the ongoing uptrend.

*Always DYOR before making any trade. This is information purpose only not any financial advice*