Since August 2023, Litecoin price has been trading within a narrow range of $58-$80.
On the Daily chart, LTC encounters resistance in maintaining levels above the 50 and 200 Day Moving Averages.
Following a brief bearish pattern, Litecoin's price shows a notable surge, suggesting a potential bullish reversal.
The question arises: Will LTC breach specific levels or continue trading within a consolidation zone?
Coingabbar's analysis suggests that Litecoin Price Prediction 2040 could reach a minimum of $500.
KEY LEVELS :
RESISTANCE LEVEL : $80-$97
SUPPORT LEVEL : $65-$57
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.