Litecoin Breakout Potential: Will Price Rise Break $80 Resistance?

Litecoin (LTC) has shown a potential breakout above the $80 level, following recent support near $70. This bullish movement is being driven by expanding DeFi applications and increased institutional interest. However, market behavior remains unclear as Litecoin continues to navigate between established support zones around $68 and $80. Will a decisive break beyond $80 trigger an upward price trajectory, potentially reaching $96 and even surpassing $113 in the long term? On the other hand, price movement below $68 could fuel additional selling pressure, leading to further downward pressure toward $60 or even lower, revisiting former support levels. )