CandleFocus Litecoin, Kaspa price outlook as BTC holds $63k
2024-09-25
Author: Content Editor
Litecoin (LTC) and Kaspa (KAS) are facing different outlooks in the short term. Litecoin has struggled to maintain its gains after retreating from a key resistance level. It is currently trading around $66, risking wiping out its recent gains if it falls below the key support level at $63. However, a bounce off the ascending triangle’s support line could fuel a potential upward breakout, allowing LTC to target $80 and potentially even $100. On the other hand, Kaspa has dropped 5% in the past week, following a notable sell-off from its all-time high of $0.20 to lows of $0.14. Its price is currently above $0.16, and if it can reclaim support above $0.17, it may benefit from fresh momentum to aim for new all-time highs.
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