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Litecoin price forecast: tracking LTC’s bullish technical setup

  • Litecoin is showing bullish flag and pennant patterns, indicating a potential breakout with price targets ranging from $108 to $153.
  • Technical analysis reveals a bull flag near $95 level, suggesting a continuation of Litecoin's upward momentum with a projected target of $136.
  • The formation of bullish pennant on the daily chart supports the optimistic market sentiment, with targets between $120 and $130.
  • Strong on-chain data, including significant holdings by large investors and increased market participation, reinforce the bullish case for Litecoin's next breakout.

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