Litecoin again draws attention because it trades between $ 60 and 80 dollars – the same price area that led to a 10x crowd in the past. Popular encryption analyst Crypto Patel She shared a scheme on X, noting that the preparation appears to be “Super Bullish” and is similar to what happened before the last run of explosive Litecoin.
According to Patel, if the LTC price can break more than $ 105, it may open the door to higher levels like $ 135, $ 219, and perhaps even run about $ 800.
It shows his long -term vision of Litecoin Price, and extends to 2018. What highlights that every time the LTC code re -looking at the scope of accumulation, I followed up with a huge march. Patel describes it as an area “always moves when no one is watching.” The idea here is that Litecoin often performs a better performance in the quiet markets, when the noise is low and the eyes elsewhere.
Why does the LiteCoin price set up it look very exported
The main element in Patel encryption scheme It is the rising black trend line that has been a support for Litecoin since 2018. LTC has wore this line several times, confirming its strength. In late 2023 and early 2024, Litecoin finally hacked a large declining resistance (distinctive in blue), and forms a clean ascending structure.
The current price procedure is to test this penetration as support – which, technically, is often a bullish re -test before possible.
The size is cooled, a signal that often comes before expansion of prices. While RSI and MACD are not displayed in the chart, the general setting is alluded to the hidden force below the surface – a classic accumulation stage.
If the price of Litecoin holds this Support area She managed to exceed 105 dollars, then the main resistance levels to watch are $ 135 and $ 219. These levels have previously served as strong barriers and can become areas for profit again. If LTC has scanned these goals, the final goal of Batille plays its role – a return to $ 388, which was the peak of 2021. Moreover, the scheme offers a move about $ 800 based on the correspondence of the historical cycle.
Also read: How Ripple (XRP) can rise to $ 15 – shown key playgrounds
Can the distinctive LTC 10x symbol wear again?
Therefore, can the LTC code repeat its historical performance? The temple says it is possible. Crypto Patel determines a clear path for Litecoin if the setting is run: accumulation → Breakout → Rally Parabolic. This style has happened before – several times – and if history is any evidence, Litecoin can again provide an unexpected increase.
What makes this particular convincing is the currently unnoticed Litecoin. While Bitcoin and Altcoins dominate the latest newspaper, Litecoin is quietly built steam in the background. This is exactly the type of environment in which it flourished before.
The last question of Crypto Patel completely captures feelings: “The last time Litecoin was here, 10x. Can you do it again?”
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