Litecoin (LTC), known as the 'silver of cryptocurrencies', is preparing for what appears to be a potential historic rebound towards the $100 psychological and strategic barrier. After months of sideways retreat and price pressure, technical indicators and on-chain flows are beginning to point to fundamental shifts in market structure.
📊 In-depth Technical Analysis:
On the daily frame, the price has exited a downward channel that extends over 60 days and is now retesting it as support (Breakout & Retest model).
The RSI indicator is steadily rising and breaking above the 50 level, indicating the beginning of a buying momentum wave.
The 50 and 200-day moving averages are crossing in an upward direction (potential Golden Cross), which is a historical signal for the start of an upward wave.
📰 News and Financial Updates:
A sudden increase in inactive wallet activity and transfers from trading platforms to cold wallets indicates quiet institutional accumulation.
The market is shifting towards classic, highly trusted currencies, such as BTC and LTC, amid high volatility in meme coins.
Increasing adoption of Litecoin in payment processes, with partnerships in digital commerce platforms.
🎯 Next Target:
If a breakout above $90 is confirmed, the next technical target stands at $100–$104 as monthly resistance.
Thus, the target extends to $120 in the medium term if strong liquidity enters.
⚠️ Message for veterans:
Litecoin is not a currency of the past... it is a mature project quietly returning from the shadows to redraw the rules of dominance. The next wave may be of the type that creates names in the market… or erases others!
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