πŸ“ˆ LITECOIN PRICE ANALYSIS & PREDICTION (MARCH 27) – LTC BOUNCES STRONGER AFTER A KEY RETEST, BIGGER MOVES LIE AHEAD πŸš€πŸ’Ή

Irma - Mar 27 - - Dev Community

πŸ“ˆ Last week, Litecoin completed a break and retest pattern after losing momentum in the mid-month. It bounced stronger and now faces a crucial mark level. The bulls are back, negotiating for higher ground. πŸš€πŸ’ͺ

πŸ’° Following the recent bounce off $77, Litecoin surged and closed above $90. It tested the $99 level this week, encountering slight rejection.

πŸ“Š The rally appears to be just starting, with bigger moves expected in the long term. The $100 mark is crucial for initiating a stronger rally. πŸ“ˆπŸ”

πŸ’‘ However, a slight rejection suggests bearish pressure. Bears defending well could prompt a pullback, seeking nearby support for a fresh increase.

πŸ“ˆ Despite potential obstacles, the short-term bullish trajectory remains intact. The mid-2023 high serves as a key resistance for a mid-term surge. πŸ“ˆπŸ“‰

πŸ’₯ Facing the $100 mark, watch for resistance at $105.7, $115, and $120, while support levels lie at $95, $91, $85.5, $80, and $77.

πŸš€ Spot Price: $97.6
πŸ“ˆ Trend: Bullish
πŸ“Š Volatility: High

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