Litecoin Bulls Charge: $87 Hold Sets Stage for Breakout Rally
Litecoin''s grinding consolidation at $87 is fueling speculation of an imminent breakout. The silver to Bitcoin''s gold is flashing bullish signals—but can it smash through resistance?
The setup: LTC''s stubborn refusal to dip below $87 shows accumulation at work. Market makers are playing chess while retail traders check their portfolios for the 47th time today.
Key levels: Watch for a decisive close above $90 to confirm bullish momentum. Failure here could see a retest of $82 support—because in crypto, gravity works both ways.
Meanwhile, Bitcoin maximalists are muttering about ''ghost chains'' while quietly diversifying into LTC positions. The ultimate hedge against being wrong.