Litecoin Price Prediction: Is $200 the Next Target for LTC?

Litecoin Price Prediction for 2030 Expected around $250

• #Litecoin rallied to a 9-month peak, triggered by a positive ruling from the US Commodities and Futures Trading Commission (CFTC).

• Over the past few days, Litecoin demonstrated superior performance compared to Bitcoin and Ethereum.

• $LTC established a base above the $80 level, initiating a significant upward movement.

• Bolstering its strength, LTC surged past the crucial $100 mark, with bullish momentum intensifying before the monthly close.

• Currently, Litecoin is experiencing a gain of over 4%, trading above $105 against the US Dollar.

• After breaking above the upper resistance of a symmetrical triangle, $LTC underwent a retest.

• Bulls provided support near the $100 level, propelling the price to a new high around $113.

• There is potential for LTC to sustain its upward trajectory, targeting the $120 resistance zone in the near term.

• A pertinent question arises regarding whether LTC could attain the $200 mark ahead of the #Bitcoin halving event.

• According to Coingabbar's analysis, Litecoin price prediction for 2040 suggests a minimum target of $500.

KEY LEVELS :

RESISTANCE LEVEL : $115-$130

SUPPORT LEVEL : $100-$90

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