It increases the likehood of the continuation of the rally .
The LTC/USDT pair Could than soar to the overhead resistance zone between $134 and $144.
If the price slips away and sustain below $106.
It will signal that bears are selling at higher levels .
This could pull the price to level of $100.
If price sustain above $112 the pair may start the next leg of uptrend towards $126.
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Litecoin $LTC Price Analysis
If buyers sustain the price above $106.
It increases the likehood of the continuation of the rally .
The LTC/USDT pair Could than soar to the overhead resistance zone between $134 and $144.
If the price slips away and sustain below $106.
It will signal that bears are selling at higher levels .
This could pull the price to level of $100.
If price sustain above $112 the pair may start the next leg of uptrend towards $126.