watch

Litecoin: Watch for Breakout Toward $132–$145

I see mixed signals for Litecoin: short-term momentum is bearish, but the larger bullish structure remains intact.

If key resistance breaks, I expect a move toward $132–$145 within the next four weeks; otherwise, price may consolidate or retest lower levels first.

I'm watching for a confirmed breakout or a cleaner pullback before committing significant capital.

Source available for registered users Sign Up Free

Analysis

Short-term indicators are bearish, suggesting limited upside until resistance is tested; however, the underlying trend structure supports a bullish target of $132–$145 if a breakout occurs, making the...

Recommendation

Watch for a confirmed breakout above resistance or a cleaner pullback to buy on weakness; use disciplined position sizing and place stops below recent support to manage risk.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in: