Friday, June 9, 2023

Litecoin Price Analysis February 2021 | Litecoin to Join Crypto Rally?

Here is our Litecoin price analysis for February 2021! Most of the major cryptocurrencies have had an underwhelming start of the week, and the Litecoin price is not the exception. Watch our full Litecoin February 2021 forecast to see what chances the altcoin has for a speedy recovery.

Litecoin had a rough weekend that saw the price fall a total of 8.21% compared to the beginning of last week. Then this morning saw the price reach its intraday high of $135.21 before we saw the price drop again in the Litecoin analysis.

As a result, the Litecoin February chart recorded a break below the major support level at $129.03 – all the way down to the intraday low at $125.70. And right now investors have their eyes on the Litecoin price target of $130, a break above which could send the altcoin up to test the resistance at $140. Although broader market support would certainly be required for this to happen.

Stay tuned for our full Litecoin February forecast and find out where the cryptocurrency is likely to be headed over the next few weeks. And if you have your own Litecoin price prediction, please let us know in the comments!

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