The Lite coin # 5 on coinmarketcap which is also called Mini BTC has not shown any impressive performance during the recent Bull run but during the past week it surged 39% and rallied to $124.
That is contradicting. It's in the bull run when Litecoin surged with that percentage and that's a very impressive knowing that in the past several months after its halving, nothing happened like this. And, although there's a massive dump for most of the alts, it has also recovered just like the other altcoins that we have.
It has broken major resistance levels, more significantly it broke 62% FIB. The next major Resistance levels are at $ 131, 135, 151 and 160. As many analysts are expecting a major rally in Alts Market once BTC price stabilizes and BTC dominance Index comes down to 60% then we might see Lite coin breaking its ATH record of $375.
Noting that we're not yet in the altcoin season but many alts are also increasing as bitcoin pumps. Breaking its past ATH is possible if the altcoin season comes.