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 LTCUSDT Chart 4D on 30 MAR
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.
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