Litecoin (LTC) continues to hold key support around $109 despite recent volatility, setting up for another upside push. With the Non-Farm Payrolls report coming in significantly weaker than expected, risk assets like crypto have gained a bullish backdrop as the Fed faces pressure to lean dovish. In this video, I break down LTC’s daily and 4-hour charts, highlighting the crucial demand and resistance levels that will shape the next move.
As long as LTC holds above $109, the structure remains constructive with targets toward $119.8, $123.4, and $137 in play. A breakout above those levels would open the path toward $168, aligning with the broader bullish setup across the crypto market. With Bitcoin showing resilience, Litecoin is well-positioned to continue its recovery in the sessions ahead.
As long as LTC holds above $109, the structure remains constructive with targets toward $119.8, $123.4, and $137 in play. A breakout above those levels would open the path toward $168, aligning with the broader bullish setup across the crypto market. With Bitcoin showing resilience, Litecoin is well-positioned to continue its recovery in the sessions ahead.
Check out the daily market updates on youtube.com/@TradeLeanCom
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Check out the daily market updates on youtube.com/@TradeLeanCom
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.