#WhiteHouseCryptoSummit

Current technical analysis for Litecoin (LTC) indicates an inverted head and shoulders pattern on the 4-hour chart, with a neckline at the $134 level. This pattern is considered a bullish signal, and a breakout above the neckline could lead to a price increase towards $165.

Additionally, the Relative Strength Index (RSI) on the same timeframe shows an increase above the neutral level (50), reflecting an increase in bullish momentum. The exponential moving averages (EMA) also indicate a positive arrangement, supporting the likelihood of the uptrend continuing.

However, it should be noted that the current price faces resistance at the $128.40 level (78.6% Fibonacci retracement level). If this level is surpassed, the price may gain further momentum to achieve the mentioned bullish targets.