Litecoin Surges Over 30%, Approaching Key Resistance Levels
- Litecoin has surged over 30% since last Friday, showing strong bullish momentum.
- The cryptocurrency is currently trading at $127 after climbing more than 23% in less than two days.
- Key resistance levels are identified at $140 and $145, crucial for further upward movement.
- A breakout above these levels could lead to testing its multi-year high of $147.
- Top analyst BigCheds highlights the importance of clearing the $145 mark for sustained growth.
Litecoin’s recent price action has positioned it as a leading altcoin, with traders closely watching its ability to break past the critical resistance levels of $140 and $145. Success in this area could trigger a significant rally towards its multi-year high of $147.
Source (2.6)https://www.newsbtc.com/news/litecoin/litecoin-approaches-daily-range-peak-can-ltc-break-multi-year-highs/?rand=52377
