LTCUSD was one of the top performers in the past two days and surged more than 10% with a good uptick in volumes. The pair lost more than $100 from this year's high of $153.91 on board-based crypto markets selling. It hits a high of $84.97 and is currently trading around $70.23.
In the daily chart, the pair is holding above short-term (21 and 55-day EMA) and long-term 200 EMA ($69.09).
The bearish invalidation can happen if the pair closes above $85. On the lower side, the near-term support is $1625 (200-W EMA). Any weekly close below targets $1168 (200-W MA).
The immediate resistance stands at around $85. Any breach above confirms a minor pullback. A jump to $98/$112/$134 is possible. A surge past $153.91 (this year's high) will take Litecoin to the Nov 2021 high of $302.
It is good to buy on dips around $55-56 with SL around $40 for TP of $98.


ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro- Major Crypto levels and bias summary
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path 



