Litecoin Price Prediction: Why LTC Could Hit $100 and Outperform Bitcoin

Litecoin Price Prediction: Why LTC Could Hit $100 and Outperform Bitcoin

Litecoin price started a steady increase above the $65 resistance against the US Dollar. LTC is currently rising and might rally further towards the $100 level.
Litecoin started a strong increase above the $55 and $65 levels against the US Dollar.
The price is now trading above $65 and the 100 simple moving average (4-hours).
There is a key bearish trend line forming with resistance near $77.50 on the 4-hours chart of the LTC/USD pair (data feed from Kraken).
The price must clear the $77.50 and $84 to rise towards the $100 resistance zone.
Litecoin Price Outperforms Bitcoin
In the past few days, litecoin price saw a decent increase above the $50 level against the US Dollar. LTC price rallied over 20% and outperformed both bitcoin and ethereum.
There was a move above the $65 and $75 resistance levels. The price even surpassed $80 and settled above the 100 simple moving average (4-hours). It traded as high as $83.35 before there was a downside correction. There was a move below the $80 a

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We współpracy z: https://newsbtc.com/analysis/ltc/litecoin-price-prediction-100-target/

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