🚀 Litecoin ($LTC ) Price Update – Consolidation Before the Next Big Move?
I'm still holding my long position as Litecoin (LTC) continues its steady consolidation beneath the critical $140 resistance level. As highlighted in my previous analyses, price action remains bullish on the weekly timeframe, signaling potential upside in the coming weeks.
Key Support & Resistance Levels to Watch
📌 Major Support Zones: $125, $120, $116, and $108
📌 Crucial Resistance: $140 – A breakout here could trigger a strong rally.
As long as LTC holds above $110 on the daily chart, the bullish structure remains intact. From this range, a move toward $152-$168 and beyond is highly possible.
Short-Term Outlook & Key Price Zones
🔍 In the near term, the $124-$138 range is crucial for price action.
🔍 On the H1 timeframe, a retest of $135 is likely, as price continues to respect the main uptrend structure.
While it’s uncertain exactly when Litecoin will make its next major breakout, this setup could unfold within the next few weeks. Keep an eye on key levels and be prepared for potential opportunities!
💡 Best of luck to those in position!
