Breaks $105 Resistance, Eyes $140

Litecoin (LTC) continues its impressive bullish momentum, surging past the $105 resistance level. The current price of $104.61 with a 10.38% gain in the last 24 hours signals strong upward potential. Here’s the updated analysis:

Key Points

• LTC breaks above the $77-$79 support zone, confirming a bullish trend.
• The next major resistance level is at $140.
• MimbleWimble integration and Grayscale Investments add to the bullish sentiment.

Updated Technical Analysis

Litecoin’s breakout above $105 strengthens the bullish outlook. If this momentum continues, LTC could target the $140 level, a potential gain of over 30%. Key support levels to watch are $77-$79 and $80 (for short-term positions).

What’s Driving the Surge?

These fundamental developments underpin LTC’s rally:

Important Note

This analysis is not investment advice. Cryptocurrencies are highly volatile – conduct your own research and carefully assess risk before investing.