Litecoin (LTC) halving, which the crypto investor has been eagerly waiting for, has taken place. Which levels are important for price movements?
LTC, one of the oldest names in cryptocurrencies, has finally completed its halving. LTC, which successfully survived this process, could not clearly reflect this situation on its price. The major coin, which has not been able to break $ 94.89 for a while, even though it is active in the short term, has come back to $ 85.98. At the same time, what does the technical analysis show for LTC, which is pricing just above the support level?
Litecoin (LTC) chart review
With the expectation created by halving, the major coin, which last tested $ 94.89, loosened by not breaking the resistance. LTC, which is currently trading at $ 85.98, may face harder sales as long as it breaks down $ 85.23. The support levels to watch in this process are $81.33 and $78.
Positive news from the ecosystem or BTC targeting $30,000 may create a spring mood in LTC again. If the popular coin, whose halving has just been completed, exceeds $ 89.13, it can set off for $ 94.89 – 98.51 – 102.11 and 108.66 dollars, respectively.
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