Litecoin LTCUSD is still within a consolidation range (shaded box). This is very similar to what happened with Ethereum recently. Once we get a break above this area, look for Litecoin to make a move that will melt faces. I'm looking for a target of around $400 by late October, with possibly even more upside into December. If we break up out of the consolidation box, hold on tight!
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Another buying opportunity IMO. LTC rose up to my red resistance line and plummeted back down into the consolidation range again. Anything within that green bubble is great value.
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Just need to extend the arc a little bit! Target still stands.
The featured content is intended to be used for informational purposes only. Everything shared here is my own opinion. It is very important to do your own analysis before making any investment based on your own personal circumstances.
Good luck!
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