Litecoin is currently still trading between the important resistance area between $160 - $190.
I'm expecting that the market will turn around soon. A daily close above $190 could indicate that LTC is ready to go higher and resume the bullish move. Expect a >$50k BTC at this point.
First main target is the $220 resistance. We could reach this target within a week with some luck. In the coming 2 months, assuming the market won't fall too much, a $300 price target for LTC is realistic.
Happy trading!
I'm expecting that the market will turn around soon. A daily close above $190 could indicate that LTC is ready to go higher and resume the bullish move. Expect a >$50k BTC at this point.
First main target is the $220 resistance. We could reach this target within a week with some luck. In the coming 2 months, assuming the market won't fall too much, a $300 price target for LTC is realistic.
Happy trading!
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