Litecoin’s price has remained relatively stagnant over the past month, currently trading around $116. The cryptocurrency is approaching a significant resistance level that has historically caused sharp declines for LTC since 2023. 🇨🇳 🇺🇸 Crypto analyst Ali on X believes another crash towards $50 cannot be ruled out. 📉 📈 🤯 Ali’s detailed weekly chart shows two potential paths for Litecoin price movement: one leading to continued upward momentum, while the other suggests a downward trend if key support levels fail. 📊 📈 📉 🤯 The chart highlights horizontal lines near $140, $80 and $50, with candlesticks displaying consistent upward pushes followed by abrupt pullbacks. Long wicks point towards volatile rejections at higher price points. 📈 🚀 📉 A clean weekly close above resistance near $140 would pave the way for further gains and reduce the likelihood of a significant dip. However, failing to hold $80 significantly increases the odds of momentum driving prices lower. 📉 A weekly close below $80 would signal a shift towards bearishness while sustained strength above $80 suggests an intact bullish trend. Reaching $50 would necessitate breaking through several structural barriers that require time and momentum. 📈 🚀 📉 🤯 Technical indicators from investing.com, such as the RSI (54.207), Stochastic Oscillator (72.373) and StochRSI (68.242), show a bullish trend with buying pressure but not an extreme overbought condition. The MACD (1.8), Williams %R (-35.634), Highs/Lows (1.3316), and ROC (9.846) indicate a positive outlook for Litecoin, but historical trends suggest the potential of a dip to $80 and even $50. The analysis suggests strong bullish momentum, however, we cannot ignore past experiences that show downturns are possible.