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Technical Analysis Of Litecoin By Analytical Expert Of InstaForex

source-logo  fxmag.com 27 December 2022 08:50, UTC

Litecoin is currently testing minor resistance near 69.50, but once this resistance is overcome there should be only little resistance before 79.85. In the longer term, we continue to look for much more upside towards 96.50 and 121.68 as the next upside targets.

As long as minor resistance at 69.50 is able to cap the upside, we could see a temporary setback to 68.85 but it should just be a matter of time before 69.50 gives away.

Relevance up to 07:00 2022-12-28 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.

fxmag.com