Litecoin (LTC) has struggled to break above the key resistance at $136 in the past three months, with minimal support from long-term holders and a lack of market inflows. This has left the altcoin vulnerable to remaining stagnant and unable to attract significant long-term investment. The Chaikin Money Flow (CMF) indicator has also struggled to stay above zero, reflecting broader market hesitancy towards Litecoin. While the recent price increase suggests a potential rally, the same factors that caused previous failures remain. If Litecoin fails to breach the $136 resistance, the price could decline to $117 with support at $105, continuing the downtrend. However, successfully breaking above $136 could lead to a significant rally, with the next target at $147.



Other News from Today