LTC is only one bump away from hitting $100 – Confluence Detector

  • Litecoin majestically rises above $80 but hits a barrier at $85.
  • On-chain metrics reinforce the immense support under LTC.
  • A reversal above the confluence resistance and $85 may catapult LTC toward $100.

Litecoin recently soared to highs above $80 following a predicted breakout. The support at $70 held its ground, giving bulls ample time to plan a breakout above the descending wedge pattern. LTC/USD stepped above several critical levels, including the 200 Simple…

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