The Litecoin price has shown an upsurge from the demand zone from $60 and reached the top at $110.
The Litecoin asset is showing bullish traits and highlights that it can achieve more growth. It has demonstrated good performance in the past week, month, and three months by 23.84%, 38.54%, and 41.07% respectively, indicating a reliable upward trend.
At the time of writing, Litecoin is experiencing a fall of 5.96% in the last 24 hours and is currently trading at $102.67.
Therefore, if the demand for the Litecoin price asset increases, it could bounce back from the current level, strongly on the daily chart. The next target for the price is to reach $120, and $130.
However, if the Litecoin crypto price fails to stay above the previous swing level at the $95 level, it could decline further and reach lower levels in the process.
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