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. 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.
Im expecting litecoin to do well in coming weeks especially if btc keeps doing well then I will remain positive about ltc because it is like a shadow project to btc, I hope ltc will not take long to reach its previous highs price levels and aim for new highs.