Litecoin Price Prediction: Could $140 be Achieved?

A mixed environment for Litecoin (LTC) traders persists, despite recent price gains. The current LTC price sits at $100 after a 4% monthly decline on TradingView charts. However, analysis reveals potential positive indicators including an improvement in short-term outlook with the 50-day moving average rising on four-hour charts and consistent pressure generating higher lows that could lead to breakouts. Long-term investors are also showing confidence as the long-term moving average supports a bullish trend for Litecoin. Additionally, sentiment metrics like the Fear & Greed Index by Litecoin Lion indicate a neutral-to-bullish outlook.