Litecoin continues to move higher with a total disregard for the current bear market. Could this be the start of a broader recovery? Key Support levels: $74, $64 Key Resistance levels: $95, $105 Litecoin’s price action is getting closer to deleting a lot of the losses marked throughout the ongoing bear market, and it’s on its way to testing another critical resistance at $95. Bulls seem to be in complete control at the time of this writing. Sellers have vanished, and they failed to keep LTC under $74, which allowed the price to move higher. Chart by TradingView Technical Indicators Trading Volume: The volume exploded since LTC moved above $60. Ever since that point, buyers have had the upper hand, including in the past few days. RSI: The daily RSI is curving back up and may enter the overbought area again at over 70 points. This is bullish. MACD: The daily MACD remains positive despite this recent pullback to the key support. This is a show of strength. Chart by TradingView Bias The bias for LTC is bullish. Short-Term Prediction for LTC Price Litecoin surprised the market yet again after turning the $74 level into support. Rallies of this kind are rare during a bear market, which puts into question the willingness of sellers to regain control. The biggest challenge for LTC in the next few days is the resistance at $95 and the key psychological level at $100. These targets will likely put up a good fight before allowing the price to move higher. The post Litecoin Soars 9% Daily, is $100 Next? (LTC Price Analysis) appeared first on CryptoPotato. Post navigation Sam Bankman-Fried Unsure if He Will Testify Before December 13th Litecoin Continues To Surge As Hash Rate Records New ATH – How About LTC Price?