Litecoin price is breaking out to new yearly highs

  • Litecoin price broke out of an ascending triangle pattern on the 4-hour chart.
  • LTC faces only one significant resistance area on the way up.
  • Litecoin bulls are eying up a price target of $265 in the long-term. 

Litecoin has been trading in an uptrend for the past two weeks and has finally broken out of a key pattern on the 4-hour chart. LTC bulls face weak resistance ahead of a new 2021-high above $250.

Litecoin price on its way to new 2021 highs

On the 4-hour…


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