Litecoin Hits $120!!🚀🎉

22 Mar 2022

Litecoin has gotten a lift from the crypto rally, testing $120 at the time of this writing. This is a significant step for LTC which has been in the doldrums for some time. We were seeing prohibitive resistance from $114 for what felt like an eternity (in crypto time), but were finally able to break through on the 19th. Prices stabilized around $114, and it was a toss up as to whether we could sustain these levels. However another burst of momentum came through and we were able to hit $120 with ease. From here, Litecoin will have to maintain current levels before we can consider higher levels with $124 being the next target. If we retrace from here, then $114 should hold, otherwise $109 is tne next level of support below.