![Litecoin [LTC] on the way to $110? Not yet, as this can delay the bulls](https://i.headtopics.com/images/2023/2/5/cryptoamb/litecoin-ltc-on-the-way-to-110-not-yet-as-this-can-litecoin-ltc-on-the-way-to-110-not-yet-as-this-can-1622076298985193473.webp)
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. LTC was bullish at press time. LTC open interest rate declined in the past few days. Litecoin’s [LTC] value increased by over 40% in January 2023, rising from $68 to $102. However, a short-term […]
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.value increased by over 40% in January 2023, rising from $68 to $102. However, a short-term price consolidation in the past few days has seen the asset lose some value.At press time, LTC traded at $98.80 and was strongly bullish on the price charts.
Therefore, LTC could maintain its price action on the upper range of the rising channel and aim at the resistance levels of $102.26 and $106.40.
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