- Litecoin price shows a massive spike in buying pressure, pushing it closer to pre-crash levels.
- The supply barrier extending from $296.75 to $317.09 is the only hurdle preventing LTC’s 65% upswing to $439.41.
- A breakdown of the demand zone’s upper trend line at $217.97 will invalidate the bullish outlook.
Litecoin price shows a resurgence of buyers, which has pushed it past some resistance levels. A continuation of this bullish momentum could see LTC retest a critical barrier.
On the 12-hour chart,…