Litecoin price is up over 10% and trading above $105 against the US Dollar. LTC could continue to rise toward the $120 resistance zone in the near term.
Litecoin is showing positive signs from the $95 support zone against the US Dollar.
The price is now trading above $105 and the 100 simple moving average (4 hours).
There is a key bullish trend line forming with support at $101.50 on the 4-hour chart of the LTC/USD pair (data feed from Kraken).
The price could continue to rise toward the $120 level unless it breaks the $100 support.
Litecoin Price Gains Bullish Momentum
In the past couple of days, Litecoin gained pace and outperformed Bitcoin and Ethereum. LTC price formed a base above the $80 level and started a decent increase.
There was a break above the $88 and $95 resistance levels. The bulls even pushed the price above $100. There was a clear move above the 76.4% Fib retracement level of the downward move from the $105.71 swing high to the $77.00 low. A new multi-wee
We współpracy z: https://www.newsbtc.com/analysis/ltc/litecoin-price-prediction-ltc-rally-120/
