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- LTC is gaining strength, holding above $80–$83 as traders watch for a bullish breakout.
- Next LTC targets: $97.87, $107.04, and $114.18 if momentum continues building.
- Staying above $82.5 signals buyer control and a possible shift toward a bullish trend.
LTC is currently accumulating in strength, as its price remains higher than the important zone between $80 and $83. Analyst Rose Premium Signals highlighted that the altcoin is forming a strong base, indicating that the upcoming bullish run may be close. With stability in prices, traders are keeping a close eye for a possible breakout.
A bullish scenario has revealed three main price targets. The starting price is $97.87, then it rises to $107.04, and ends at $114.18. If LTC continues its advance, it may reach these resistance levels and begin to experience psychological pressure. Each of these targets marks a significant part of a potential rally.
The price has stayed above $82.5, confirming that bulls are still in control. When prices are continuously this high, it means buyers are interested, and any decreases are likely absorbed soon. Accumulation prices are usually common in this stage, and analysts believe they could signal an upcoming shift in the market’s direction.
Source: X
LTC Near Breakout Point
If Litecoin surpasses the $90 resistance, it could lead to more people buying the cryptocurrency. It was pointed out that aligning with the flow of active buyers or sellers will matter in preventing a breaking price from reversing. It is important for traders to notice a substantial rise in trading volume before shifting to more aggressive trades.
The overall environment in the crypto market is stable, helping LTC to slowly build strength. Despite the focus on Bitcoin and Ethereum, interest in altcoins continues to grow among traders seeking higher rewards by taking calculated risks. Its stable performance and consistent use in crypto markets make people choose Litecoin in periods of uncertainty.
As of press time, Litecoin is trading at $88.63 and has a 24-hour trading volume of $245.97 million. Over the past 24 hours, the price increased by 2.19% and went up by 0.91% over the past week.
There are some positive signs, but people are still a little cautious. Many analysts think that if LTC stays above $82.5 and comes close to $90 with rising volume, the path is clear for bulls. Nevertheless, it is essential to be patient and disciplined in such a market, as conditions can change rapidly and markets may reverse sharply.
LTC is moving at a measured pace, getting ready for its next big event. When there is a clear path ahead and strong support below, traders are paying close attention. If Litecoin surges above $90, it may push it into a new price range.
