Litecoin (LTC) Analysis – 03Feb2025

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Here is the daily chart of Litecoin (LTC): LTC/USDT on Binance.

https://s3.tradingview.com/snapshots/1/1okjHah1.png

Litecoin (LTC) has been facing weakness for last four days (but it has been stronger than other crypto in recent weeks), and it made a low of $80 today, and bounced back strongly from there, indicating good support at that level. It is currently at $97, which is a good price for buying, with possible targets of $125-130 in the next few days/weeks, and for longer term targets of $225-350.

Crypto Investors and Traders can confidently buy Litecoin (LTC) on sharp corrections like today, because Litecoin (LTC) is one of the top quality crypto.

Disclaimer: This post is based on our technical analysis and it’s not financial advice. Thanks.

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