Review (26.08.26) #LTC
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$LTC sharply bounces off the long-term bullish trend line from 2018 and the support zone at 41.25, currently trading around 50.35 on the weekly chart.
This multi-year structure is setting the stage for something grand, and we forecast a move up to new all-time highs.
If the price holds above 41.25, the rally will target levels 63 and 89, and ultimately new all-time highs.
If the price falls below 41.25, it will drop to the 37 level for a retest.
➖➖➖➖➖➖➖➖
$LTC sharply bounces off the long-term bullish trend line from 2018 and the support zone at 41.25, currently trading around 50.35 on the weekly chart.
This multi-year structure is setting the stage for something grand, and we forecast a move up to new all-time highs.
If the price holds above 41.25, the rally will target levels 63 and 89, and ultimately new all-time highs.
If the price falls below 41.25, it will drop to the 37 level for a retest.