The news article discusses how Litecoin (LTC) has broken out of an ascending triangle pattern, indicating a potential upward move. The breakout shows bullish momentum as LTC surpasses resistance levels. Traders and analysts are closely monitoring LTC's price action, with a projected target of $128. The article explains that the breakout indicates market control by buyers, who could potentially elevate the stock price by around 17%. The article also highlights the importance of market trends and the performance of Bitcoin in determining the sustainability of LTC's upward trend. Currently, LTC is trading around $119, and traders are watching to see if it can maintain its position above the resistance-turned-support level. The bullish sentiment would strengthen if LTC maintains its current level, increasing the possibility of reaching $128 in the upcoming days. Overall, the success of the potential breakout depends on market conditions and the ability of traders to surpass significant resistance levels.



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