$LTC Litecoin Price Analysis – Bullish Structure Intact Above $85 Support
LTC/USDT is currently trading at $86.81, nearly flat on the day with a slight 0.08% gain. The 4-hour chart shows a healthy uptrend, though price has pulled back slightly after reaching a local high near $89.50.
Key Observations:
Trend Continuation: Price continues to make higher highs and higher lows, a classic sign of bullish momentum.
Resistance Zone: The area around $89–$90 is acting as short-term resistance, having rejected price twice.
Support Zone: The $85 level has been holding as a strong support maintaining above this keeps the uptrend valid.
Volume Insight: Volume spikes during upward moves suggest buyer interest remains strong.
Outlook:
A confirmed breakout above $90 could open the door toward $94–$96.
If LTC dips below $85, look for potential support around $82.50–$83, where previous consolidation occurred.
