From the analysis of the daily chart, the trend of Litecoin (LTC) is quite familiar to market followers. Earlier this year, it retreated from the 140 level to 63 before successfully breaking through the 100-point psychological mark in May. The current price is maintained around 87, observing the large-cycle technical indicators, the MACD indicator shows that the death cross area is about to form a golden cross state, while the KDJ indicator has clearly diverged upward, showing a strong upward trend. Based on this technical information, Litecoin has a high probability of returning to the 100 zone by the end of the year, and is even expected to challenge the 140 resistance level. This technical pattern indicates that the market may usher in a new round of upward momentum, and investors should pay close attention to the performance of the relevant support and resistance levels.

LTC-0,1%
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