Litecoin Price Prediction: LTC Rallies 10% as The Bulls Aim $110

NewsBTC
NewsBTC

30 Jun 2023 4:16 AM

Litecoin price is gaining pace above $90 against the US Dollar. LTC could rally further above $100 and rise toward the $110 resistance....

  • Litecoin price is gaining momentum above $90 against the US Dollar.
  • The price is now trading above $90 and the 100 simple moving average (4 hours).
  • A key bearish trend line with resistance near $86.20 was broken.
  • The price could rally further towards the $100 and $110 levels.
  • If the price fails to clear the $100 resistance level, there could be a downside correction.
  • Major support levels are at $92.50 and $88.50.
  • Major resistance levels are at $96.00 and $100.00.

The sentiment of the article is positive as it highlights the gains and potential rally of Litecoin price. It also mentions the bullish technical indicators.

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You May Ask

What is the current price of Litecoin against the US Dollar?What are the key resistance levels for Litecoin?What are the major support levels for Litecoin?What are the technical indicators suggesting for Litecoin's price movement?What are the potential risks and downside corrections for Litecoin's price?

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