An Expected Rise for Litecoin in the Short Term

Litecoin has rebounded from new strong demand areas

on the daily frame, which has led to its recent strong rise.

The currency is currently facing weak supply areas on the hourly frame.

It is expected to break through these areas and continue its rise.

If the current supply areas are broken and closed above,

a rise is expected to reach the specified targets at the 119.20 and 132 levels.

If the price returns and falls to the demand areas on the daily frame,

at the 109.78 level, a return to the rise is expected.