Litecoin is consolidating the break above the expanding leading diagonal resistance line near 75.00. We expect this line to provide more support to Litecoin and ultimately work as a spring for the next big rally higher to 96.90 and 104.96 as the next upside targets.
Longer term we expect that the rally in Litecoin will continue higher towards the peak a year ago near 300.
Relevance up to 07:00 2022-11-28 UTC+1 Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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