Litecoin's volatility has significantly decreased, with its Bollinger Bands (BB) tightening, indicating a lack of volatility. Analysts believe that this could lead to a potential bullish breakout with a critical resistance zone at $130. If the price crosses this level, it could trigger increased volatility and a significant price increase. Currently, Litecoin has experienced modest gains and would need to rise by approximately 18% to reach the critical resistance area. Another analyst forecasts a price rally of 38% from the breakout point at $106 to a target of $146.67. Key support and resistance zones have been identified for Litecoin.



Other News from Today