Litecoin Approaches Key Resistance, Potentially Following Ethereum’s Breakout Path Amidst Altcoin Market Optimism

• Ethereum surged past $4,000 after three failed attempts, initiating a breakout above multi-year resistance.

• Litecoin trades near the $138–$140 zone, a historical rejection level tested four times since 2024.

• Altcoin market cap excluding BTC and ETH has doubled since 2023, pointing to renewed investor confidence.

Litecoin approaches key resistance levels, potentially signaling a bullish rally. Stay informed with the latest crypto trends!

What is Litecoin’s Current Price Action?

Litecoin (LTC/USD) is currently trading around $129.79, down 1.63% on the 12-hour timeframe. Despite the minor pullback, the chart shows a structure nearly identical to Ethereum’s price action before its major breakout.

How Does Litecoin Compare to Ethereum?

Litecoin is now approaching the $138–$140 resistance zone, a level that has rejected price four times since late 2024. Each rejection brought LTC back below $90, with buyers gaining traction near $60. This mirrors Ethereum’s setup before it broke out above $4,000.

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