Litecoin Approaches $104 ResistanceFenzoFx—Litecoin's uptrend from $93.35 continued, reaching $100.00.
Price is now targeting the $103.00–$104.00 resistance zone, where selling pressure may emerge. A pullback to $98.00 is possible if the level holds. Traders should watch for bearish signals during the NY session.
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LTCUSDM2025 trade ideas
LTC Started the Bullish Move We Were ExpectingFenzoFx—Litecoin is holding strong at the $93.35 support, fueling a new bullish wave. Bears tested this level in the last session, but it remained intact.
As long as LTC stays above $93.35, the next target is $100.12, with potential for $102.95 if buying pressure increases.
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LTC Once Again Presents a Buying Opportunity for ScalpersFenzoFx—Litecoin once again is testing the $93.0 resistance area, while the price has been below the 50-period simple moving average. This level hasn't been fully tested; therefore, if it holds, LTC will likely rise toward the $100.0 resistance.
Please note that a new bearish wave toward $88.0 could develop if LTC/USD dips and stabilizes below the aforementioned support area.