Litecoin Approaches Daily Range Peak – Can LTC Break Multi-Year Highs?

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Litecoin Approaches Daily Range Peak – Can LTC Break Multi-Year Highs? - NewsBTC

Quick Summary:

BigCheds stated that while the price momentum is promising, he remains skeptical until Litecoin can decisively clear this level and hold it as support. The next few days will be crucial for Litecoin as altcoins across the market are finding support, and Bitcoin flirts with reclaiming the $100K mark.

Related Reading: Cardano Is Showing Signs Of A Potential Rebound As Key Indicator Flashes A Buy Signal – Analyst Top analyst BigCheds shared a detailed technical analysis, revealing that Litecoin is approaching daily range peaks and gearing up to test multi-year highs around the $145 mark.

Related Reading: Ethereum Holds Multi-Year Bullish Pattern – Expert Suggests The Next Move Will Be The Real Deal’ As the market watches closely, Litecoin’s ability to hold above recent gains and break past resistance will likely dictate its direction in the coming weeks.