Litecoin Price Prediction: LTC Could Surge 10% If It Clears This Resistance

Litecoin Price Prediction: LTC Could Surge 10% If It Clears This Resistance


Litecoin price is attempting an upside break above $93 against the US Dollar. LTC could rally if it clears the $93 and $95 resistance levels.

Litecoin is slowly moving higher toward $95 against the US Dollar. The price is now trading above $90 and the 100 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $92.50 on the 4-hour chart of the LTC/USD pair (data feed from Kraken). The price could rally toward the $100 and $105 levels. Litecoin Price Eyes Upside Break

After a steady increase, Litecoin’s price struggled near the $95 resistance against the US Dollar. LTC price started a downside correction and traded below the $92 level.

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The price tested the 23.6% Fib retracement

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