Technical Analysis for LTCUSD for 21st April 2022
Litecoin Completes Retest, LTC Bulls Aiming for $135
Past Performance of LTC
LTC prices are firm on the previous trading day and on the cusp of closing above the middle BB. From the LTC candlestick arrangement in the daily chart, sellers still have control from a top-down analysis. Even so, the close above last week's highs and $115 may reinvigorate determined buyers targeting $135—or better in the short-term.
Litecoin Technical Analysis
What to Expect from LTC
Buyers are shrugging off sellers and solidifying their position reading from the development in the daily chart. A sharp close above $120 may draw more buyers, driving the coin towards March 2022 highs.
Resistance level to watch: $120
Support level to watch: $100
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