- Litecoin gained strength from the $75 support and saw levels of $82 again.
- Which support and resistance levels should LTC investors follow?
- Which resistance level should LTC price break to start a bullish movement?
Will Litecoin continue to rise? Where are the critical support and resistance areas that LTC investors should follow? Current LTC Price Analysis!
Medium-Term Litecoin Price Analysis!
12 Hour LTC Price Chart Source: TradingView
When we examine the Litecoin price on the 12-hour price chart, it appears to be trying to gain strength from an important support level.
If the LTC price continues to close daily candles above the $76 level mentioned in the analysis, it may want to realize the bullish movement to the $84.20 level mentioned in the analysis.
If the LTC price closes daily candles above the $84.20 level, it may continue the bullish trend and rise to levels of $88.
If the Litecoin price sees daily candle closes below the $75 level, the LTC price may experience a drop to levels of $70.
