1
Litecoin price broke above the key moving averages.
2
LTC price is in the control of bulls’ and surged by 5.87% in the previous 24 hours.
Litecoin price forecast is bullish in the present scenario and indicates the trend is turning bullish. However, the upper resistance level of $79.35 is the main hurdle for the coin in a bullish way.
LTC price has already taken multiple rejections from the supply zone of $76.00 to $79.34. However, the bulls are looking aggressive and trying to surpass the supply zone.
In recent trading sessions, buyers have demonstrated their strength. They also continued buying and accumulating more cryptocurrencies to extend the upward trend.
The price action suggests that the cryptocurrency is poised for a significant uptrend with a potential price increase in the coming sessions. Buyers are trying hard to maintain these levels and show confidence in the cryptocurrency’s upward direction.
Litecoin cryptocurrency indicates inc
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