Litecoin has been testing its resistance level of $80 since 2021 and is currently trading at around $70.30, up more than 30% from its recent low.
According to analysts, if Litecoin can break above the $80 mark for two consecutive weeks, it may reach a price range of $125-$135.
However, if the resistance level holds, the next support levels would be at $59 and $50.
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