Litecoin at a Crossroads: Breakout or Breakdown?
🔍 #Litecoin ($LTC ) Technical Analysis
#Litecoin is nearing a critical support level—will it hold, or is more downside coming?
📉 Descending Channel – $LTC price is stuck in a downtrend but approaching key support.
🛑 Support Zone: $81 - $87 – A potential buy zone where buyers could step in.
📈 Breakout Watch – A move above the trendline resistance could signal a bullish breakout.
🎯 Potential Price Targets:
📌 Short-term: $108 – First resistance level.
📌 Medium-term: $132 – Mid-channel breakout point.
📌 Long-term: $150+ – Bullish trend confirmation.
Will $LTC price bounce back or break lower? Crypto traders, keep an eye on it! 🚀
#Litecoin is nearing a critical support level—will it hold, or is more downside coming?
📉 Descending Channel – $LTC price is stuck in a downtrend but approaching key support.
🛑 Support Zone: $81 - $87 – A potential buy zone where buyers could step in.
📈 Breakout Watch – A move above the trendline resistance could signal a bullish breakout.
🎯 Potential Price Targets:
📌 Short-term: $108 – First resistance level.
📌 Medium-term: $132 – Mid-channel breakout point.
📌 Long-term: $150+ – Bullish trend confirmation.
Will $LTC price bounce back or break lower? Crypto traders, keep an eye on it! 🚀
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
LTC
94.89
+1.97%