Litecoin (LTC) Price Analysis 130$?

BINANCE:LTCUSDT   Litecoin / TetherUS
Litecoin (LTC) Price Prediction 2022

Litecoin (LTC) holds the 12th position on CoinGecko right now. LTC price prediction 2022 is explained below with a daily time frame.

The ascending triangle is a characteristic pattern of an ongoing bullish trend . This triangle is formed by a horizontal upper trendline that connects the highs and the lower trendline that connects the rising lows. If the trend breaks out at the resistance level , the price will continue to move up in this ascending triangle pattern.

Currently, Litecoin (LTC) is in the range of $78.80. If the pattern continues, the price of Litecoin (LTC) might reach the resistance levels of $130 . If the trend reverses, then the price of Litecoin (LTC) may fall to $55

We can expect a pullback or a jump move in the current trend, which will eventually try to hit a liquidity spot.

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