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Litecoin price prediction: Is LTC ready for a breakout after testing the $75 low?

  • Litecoin (LTC) defended the $75 low, forming a double bottom and is currently trading above $85 per coin.
  • The coin could rally towards the next liquidity level at $95 soon, supported by bullish technical indicators like MACD and RSI.
  • Positive market sentiment, driven by factors such as a ceasefire deal and the possibility of a Litecoin ETF approval, could further boost LTC's medium-term rally.
  • While LTC's upward movement towards $95 is plausible, its performance is contingent on broader market conditions and potential conflicts in the Middle East.

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