Presently, Litecoin trades round $126, with the subsequent main Fibonacci retracement resistance at $178.
Nonetheless, based mostly on the bull pennant’s measured transfer, LTC may surge towards $260, aligning with the 0.618 Fibonacci stage—a key psychological and technical resistance zone.
Bullish technical indicators assist this breakout, together with value stability above the 50-week and 200-week exponential transferring averages (EMAs), each of which have acted as dynamic assist.
In the meantime, the Relative Energy Index (RSI) is above 63, suggesting bullish momentum with out coming into overbought situations.
If LTC sustains this breakout and confirms assist above the pennant’s higher trendline, additional upside may speed up towards its projected targets. Conversely, failure to carry above $125 may threat a retest of decrease assist ranges earlier than any additional upside.
Cardano (ADA) Technical Evaluation
ADA/USD 4-Hour Value Chart Evaluation — Cardano Can Hit $1 Attributable to BARR Backside Sample
Cardano seems to be within the early breakout stage of a Bump-and-Run Reversal (BARR) Backside sample, a traditional bullish reversal formation.
The cryptocurrency has accomplished the lead-in section, throughout which ADA progressively declined below a downward-sloping trendline, adopted by a pointy drop that marked the bump section.
